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PGAMA is always on the lookout for new and improved member benefits to offer. Sometimes however there are a suite of benefits that are already available to our members but are not as aggressively promoted as some and that is the case with our “financial insurance” package of Slow Pay, PGAMA Credit Check and PICB Collections Service. Each, in their own right, are powerful tools to help your business but taken as a package they create a best practices process and could make a major difference to your cash flow and bottom line.
Slow Pay is a repository of member reports on clients that have not paid their invoices. Once you enroll, you should regularly monitor the site and make sure that a new customer has not been reported as a late pay. This service is free to PGAMA members and could be considered your first line of defense in deciding if and how to do business with a new client or perhaps a client that is returning after an absence of some time. If you are unfortunate enough to have a slow pay client, this is where you would report it. Contact Esther Slansky at PGAMA office or email her at This email address is being protected from spambots. You need JavaScript enabled to view it. and she will enroll you in the program and explain how it works.
PGAMA Credit Check At PGAMA we give you choices when it comes to credit checks. Our in-house credit check service is free to members and easy to access. Just contact Debbie Woolbright This email address is being protected from spambots. You need JavaScript enabled to view it. or call the PGAMA office and she will send you a form to fill out. Once you return it, we spring into action checking the information that you obtained from your customer. Based on the information you learn from our credit check, you can make an informed decision about how you will handle the financial arrangements with your new customer. If you want more, PGAMA has a partnership with Experian, a major international credit bureau. This service has a cost associated with it, but all PGAMA members receive a discounted fee. The major difference is that Experian provides you with a credit score and has a deeper reach than a normal credit check. The choice is yours!
PICB – a Check-IT Company If in spite of taking all the precautions available, you make the decision to turn an account over for collection, PGAMA has partnered with PICB, a firm with a long history of involvement in the printing industry. While PICB also offers credit check services, their uniqueness in our package for PGAMA members is the collection services.
To learn more contact Jay at This email address is being protected from spambots. You need JavaScript enabled to view it. or you may wish to contact Andrea Schlack directly at PICB. She can be reached at 847-265-0400 or at This email address is being protected from spambots. You need JavaScript enabled to view it.
PGAMA members working together and using best business practices can make for a stronger industry and enhanced bottom line for all. Please don’t hesitate to contact any of us at PGAMA for further information.
Recent discussions with paper distributors and mill representatives have uncovered some stunning information regarding demand and supply that will impact the printing industry today and in the foreseeable future. Since 2020, there has been a reduction in demand of 47%.
Below is a chart that graphically describes that drop in demand The Blue line is shipments, the Purple is consumption. The reason that they do not align is due to print company inventories that was a byproduct of the Covid era when paper supplies were extremely limited and many companies that could, inventoried.
The determination of the paper mills to balance supply and demand started much earlier than 2020.
Download the full article below.
As of 1/25/2024
Following the 2018 South Dakota v. Wayfair U.S. Supreme Court decision eliminating the physical presence standard for sales tax nexus, 43 of 45 states with statewide sales taxes have adopted collection and remittance obligations for remote sellers, and 38 have implemented marketplace facilitator regimes. Below please find a chart, developed by PGAMA member, This email address is being protected from spambots. You need JavaScript enabled to view it. of Compass US Accountants and Advisors, for your use.