Invoice Payment Terms

At Priasoft, we believe in transparent and efficient invoicing processes that benefit both parties. To ensure clarity in our financial transactions, we have outlined our standard invoice payment terms, including details about late payments.

Standard Payment Terms:

1. Payment Due Date: Invoices are typically due for payment on receipt, unless otherwise agreed upon. Please refer to the specific invoice for the exact due date.
2. Late Payments: We kindly request that payments be made on or before the due date mentioned on the invoice. Late payments may be subject to a late fee as per our company’s policies.

Late Payment Details:

• Late Payment Fee: In case of late payments, a late payment fee may be applied. This fee is typically a percentage of the outstanding balance per month, commonly falling within the range of 1% to 2% per month, equivalent to an annual rate of 12% to 24%. Please refer to the specific invoice or our late payment fee policy for exact details.
• Minimum Late Fee: To ensure fairness, we have set a minimum late fee of US$50.00.

Additional Information:

• Accepted Payment Methods: We accept payments through various methods, including all major credit cards and bank wires. Please ensure your payment is made using one of the accepted methods mentioned on the invoice.
• Payment Confirmation: Upon making a payment, it is essential to retain a copy of the payment confirmation or transaction receipt for your records. This will serve as proof of payment in case of any discrepancies.
• Communication: If you have any questions or concerns regarding your invoice or payment, please do not hesitate to contact our billing department – ap@priasoft.com. We are here to assist you and address any inquiries promptly.
• Early Payment Incentives: In some cases, we may offer early payment incentives. If you are interested in making payments early, please reach out to our sales group sales@priasoft.com to discuss.
• Dispute Resolution: If you believe there is an error on your invoice or have concerns about the charges, please contact us as soon as possible. We are committed to resolving any disputes or discrepancies amicably.

Our objective is to maintain a seamless invoicing process that ensures our clients receive exceptional service while allowing us to continue providing high-quality products and services. Your timely payments are greatly appreciated and contribute to the success of our business relationship.

If you have any specific questions or require further clarification regarding our invoice payment terms, including late payment details, please feel free to reach out to our billing department.

Thank you for choosing Priasoft as your valued partner.