How can translation agencies pay their freelance translators on time even when clients pay late?

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The agencies that handle this well do three things: they maintain a cash reserve specifically for vendor payments, they set fixed payment dates (e.g. the 1st and 15th of every month) so translators always know when to expect money, and they negotiate shorter payment terms with clients to shrink the gap. Awtomated tracks vendor invoices, calculates payouts automatically, and gives you a real-time view of what is owed to whom — so you are never caught off-guard.

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