Calls to Vendors

People we owe money to should not have to ask us. We should be telling them before they ask. Even if it’s, “we are not paying you, but we are getting closer to paying you.”

When we owe them money the communication should be more, not less. More communication brings about more understanding between us and the vendors. Imagine being owed money by someone and they haven’t paid as agreed. You would at least want to hear from the person. Went you don’t hear you would start to imagine all sorts of bad things have happened. Don’t make our vendors experience this.

We work hard to pay on time but when we are late or better when you realize we are going to be late, call, right then. When they hear from you ahead of time they may not like it but they will respect you and LHC for communicating and helping them plan their expenditures.

Vendors we owe over 30 days are called weekly to be updated. I can guarantee you no one in the industry does this and it will be great PR value, as well as buy us more time to get our house in order.