Vertragsstrafen wegen verspäteter oder ausbleibender Freelancer-Zahlungen

Definition

Australian businesses commonly agree to 14–30 day payment terms with contractors and service providers; when buyers pay late, suppliers can charge interest or penalties under the contract and, in serious cases, sue for damages for breach of contract under common law and the Australian Consumer Law’s unfair contract regime.[3][4] In fragmented vendor payment processes, invoices sit unapproved, are misrouted, or missed entirely, leading to systematic late payments. For a marketing agency with AUD 1m in annual freelancer and vendor spend, just 10% of invoices incurring a 2% late‑payment penalty or negotiated discount claw‑back can cost around AUD 2,000 per year; disputes that escalate to legal letters or settlement can easily add AUD 3,000–10,000 in legal fees and settlements per matter, yielding total annual losses typically in the AUD 5,000–50,000 range for mid‑sized agencies.

Why This Matters

The Pitch: Marketing agencies in Australia 🇦🇺 waste AUD 5,000–50,000 annually on late‑payment interest and breach‑of‑contract settlements to vendors and freelancers. Automation of due‑date tracking, approvals and payment runs eliminates this risk.

Affected Stakeholders

Agency owners, Finance managers, Accounts payable clerks, Vendor managers, Project managers

Related Business Risks