IT firm doubles time to pay to 60 days
Monday, August 10th, 2009Suppliers to a state IT contractor who would normally be cashing their invoices were out of pocket last night following its decision to double the time it takes to pay them.
Northgate Information Solutions, which boasts a strong portfolio of public sector IT contracts, said suppliers would have to wait 60 days, up from 30 days, to be paid. (more…)
