Hi All
I've just started at a new firm. We have a supplier who provides monthly IT support. Per the contract it stated "billing: monthly in advance" and no mention of credit terms - on invoices it says 30 days. I believe the quality of their work is not to the agreed standard. This will take further investigation which I don't have time for at the moment.
I've had their snotty credit controller on wanting money (We've already given them a number of annual contracts where we have paid up front for the year - we have been using them 6 months). I feel a bit annoyed that they are wanting money before doing the job - and then not doing the job well.
So for the month of April support - they invoiced on 1 March and were chasing for payment 31 March.
I stated that they had back-dated their invoice date and that the contract stated that "billing: monthly in advance" means a month in advance of the service being provided - as the service is provide during April its one month before 30 April - being 31 March paid by 30 April. She said no, its monthly in advance of commencement - but it doesn't say that in the contract.
This may sound nit-picky - as we have the money - but I don't really want to pay them till the end of the month when the work has been done. She also hinted that they may stop the service if we don't pay.
Do people think that "Billing: Monthly in advance" with no mention of credit terms means that we must pay by 31 March - or can I say no, the invoice should be dated 31 March not 1 March I'll pay you at the end of April.
Many thanks :-)