What are the payment terms for Bauerfeind invoices?Updated 2 years ago

Bauerfeind invoices for orders confer a payment term of 30 days from the date of issue of the invoice, as stipulated in the Bauerfeind Terms and Conditions of Sale. Invoices outstanding beyond this payment term may result in a credit hold being imposed on your account, which can impact the fulfilment of current order requests and limit your ability to place future orders. 

Bauerfeind invoices for products sold via consignment confer a payment term of 7 days, as per the Bauerfeind Consignment Agreement. Outstanding invoices beyond this period will result in a credit hold being placed on your account, as well as a pause on consignment stock replenishment to the clinic until such invoices are settled. 

To promote cooperation with the Bauerfeind invoicing terms, the Bauerfeind accounts team may kindly provide a notice of outstanding amounts via email for any invoices that have surpassed the payment grace period. Please consult Section 11 of the Bauerfeind Terms & Conditions for further information on the management and process for overdue accounts, including potential courses of action. 

Whilst Bauerfeind have established a standardised framework for the consolidation of payment terms to promote uniform and consistent guidelines with our business partners, we recognise and acknowledge that our business partners may adhere to unique and diverse invoice settlement schedules that may be distinct to those of Bauerfeind. Hence, our account managers are committed to collaborating with you to consolidate a personalised schedule for invoice settlement that ensures mutual understanding of payment expectations and preserves your ability to place orders and access Bauerfeind products. 

Please contact [email protected] for any inquiries or concerns regarding invoices, or to discuss potential modifications to payment terms.