How much time does it take...

I

ivanalesi

to receive a payment from a big company?

I am still awaiting the information regarding the payment of your invoice
but I guess that everything is alright. So the money must be on your
account in about 4 weeks (unfortunately accounting departments are very
slow in big companies). In case you will not receive the money within 5
weeks, please contact me and I will then check the matter.

Thank you very much for your great support and best regards,
Claudia
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Four weeks sounds alarming for me. It's an European company and they are sending, or sort of, wire transfer to my bank account... it usually takes 3 working days, not 4 weeks.
It's my 1st time to deal with a big EU company.
 
4 weeks is not unusual for a big company to pay its bills. The invoice has to go through the whole Accounting system and they may then only do a check/payment run on specific dates. I wouldn't worry too much.....yet. After 4-5 weeks, it may be a good idea to check that they still have your payment in their system. As a small business owner, I never had trouble with getting payment from large companies, although the average wait time was much longer than getting payment from a small business.
 
Thanks for replying, at least I'm not that worried anymore...
But it's not a nice feeling, they should have told me this - I would have charged them more!
 
Quote from macal425:

4 weeks is not unusual for a big company to pay its bills. The invoice has to go through the whole Accounting system and they may then only do a check/payment run on specific dates. I wouldn't worry too much.....yet. After 4-5 weeks, it may be a good idea to check that they still have your payment in their system. As a small business owner, I never had trouble with getting payment from large companies, although the average wait time was much longer than getting payment from a small business.
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absolutely right.

most of the accounting programs set to process payment 30 days after invoice has been input into the system.
 
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