FIS Consultant Len Bunton talks about the work that he carries out for members, and summarises some guidance that will help member organisations to improve cash flow within their organisation.
The assistance we provide usually starts with a phone call from a member organisation who has some sort of payment problem, and the answer is to respond quickly and to be provided with relevant communications and try to understand why the member is not being paid. The second stage of that would be to endeavor to have a discussion with the other party involved, and to get their side of the position and to see if there can be some sort of compromise that will allow the member to be paid.
Members can see the full blog
These monthly Blogs are designed to help FIS Members avoid common traps and build on our focus on collective experience. They share ideas about improving the commercial management of your contracts. In other words, instilling best practice into the way FIS members run and manage their business. What I have endeavored to suggest is ways to ensure you get paid on time, and what you are due.