InvoicingPolicy

We want to emphasize the critical importance of timely invoicing and outline a significant change in our accounts payable process that will be effective immediately.

**Timely Invoicing:
We are transitioning to a bi-monthly invoicing cadence to maintain a streamlined financial process and ensure accurate and efficient financial reporting. This means that all independent contractors are required to submit their invoices every 14 days without exception. This consistent approach is vital to keep our financial records up-to-date and allows us to plan better and allocate resources.

**60-Day Invoice Acceptance Policy:
To reinforce the importance of timely invoicing, we are implementing a strict 60-day limit for invoice line items. In the future, our accounts payable team will not accept invoices containing line items older than 60 days. This change is necessary to prevent backlogs and ensure that we accurately account for expenses in a timely manner.

We understand that changes like these might require adjustments to your current processes, and we appreciate your dedication to aligning with these new guidelines.

This policy change is not negotiable, and exceptions will not be made. It is crucial that we collectively adhere to these new guidelines to prevent situations where we receive invoices for work that was completed months ago, which creates unnecessary complexities in our financial operations.

Thank you for your understanding and cooperation as we implement these changes. If you have any questions or need assistance in adapting to this new invoicing cadence, please don't hesitate to reach out to our accounts payable team.