I've spent all morning following up on unpaid invoices from publishers not being paid.
At the same time, no payroll budget...
Broke?
6 replies (most recent on top)
Can't pay vendors when so much AR is not collected.
I started working for Follett in 2001, and can assure you that unpaid invoices and credit holds has always been a problem.
Payments have been delayed since pandemic with little change it seems. Stores and students take the brunt. Defies common sense and will take us down.
Let’s hope they are broke so we can finally end this nightmare.
It's a wealth transfer from Follett to the investment group. Follett won't exist a year from now.
Net never.
A DF Policy back to the family ownership days. Longer you hold your money the better off you are.
Only pay, as little as possible, when they cut you off.
UC -MBA