Hi, I have noticed that Envato made a few payouts sooner than 15th if 15th of the month is a weekend. I have 3 or 4 payouts this year made on 14th. So is it stable practice for now or just exceptions? btw I love to spend money earlier
I hope itâs the 14th⌠Iâm planning to party like itâs my birthday, gonna sip Bacardi like itâs my birthday, and I donât give a fudge itâs not my birthday. Youâll find me in the club, bottle full of bub⌠or something like that, anyway.
Looks like itâs not happening this month. The early payments we got in October, January and April were all sent out before 1pm Melbourne time, and itâs now past 5pm in Melbourne. Itâll be a pleasant surprise if it does appear today, but itâs not looking promising.
Iâm gonna have to sip water like itâs not my birthday
Envato breaking something considered âestablished practice/habitâ is surely a bit frustrating, but not surprising, really. Just another proof how predictable and reliable business partner Envato is. âTake what you can, expect nothingâ is my mantra for the last two years. It may appear today or it may not.
(sipping cold water and coffee, while my uzo is chilling in the freezer for tonight with or without payouts)
Any official response to this?
++ anyone got their payment today?
The âofficialâ day to receive payments is the 15th, no earlier, or the next business day if the 15th falls on the weekend. The date on withdrawals page also says 15th.
But Envato was generous a few times and now weâre getting greedy. Letâs be patient.
Greedy?
What does being greedy have to do with this?
Did we authors say something like, âhey pay us more than we deserveâ?
Please watch your words, friend.
For your information ; Envato already keeps AUTHORSâ MONEY for 45 days!
So keeping it for 44 days but not 45 makes Envato Generous?
Greed does not always have to do with money, my friend.
Youâre missing the point, @baileyherbert.
Predictability and Reliability are key points in business partnerships. Envato is our business partner, not employer, nor charity organization giving money for nothing. A real business need to schedule things in advance based on rules, models and established practices, which is rarely possible and never 100% sure with Envato.
If itâs a side hobby for some authors, majority of us are running businesses, pay salaries etc. Cash flow must be predictable.
Other than that, I find âeveryone is getting greedyâ rude and insulting too.
We all know the âofficialâ T&C of Envato, but thanks for the education, anyway. Weâll âbe patientâ when they prove they are equally strict with all their âofficialâ T&C, when there are no double standards and when they start behaving like a real business. No one demands payout today. We are only demanding CLARITY, so we can keep doing what we do best - be quietly-creative.
JesusâŚ
And my problem is that he was asking for an official response for this. The only reason Envato should make an official response is if they are late sending payments - THAT is what will cause problems for those who need predictable cash flow.
If you receive an early payment and then in the future you plan your cash flow around receiving early payments - when the official payment date still says 15th or next business day - that is not Envatoâs problem, it is yours. Sure, they can avoid confusion by always sticking strictly to the policy, but they are still not responsible for your mistreatment or misunderstanding of what they did when thereâs been nothing officially stating youâll get paid early.
All I see here now is complaining over something very trivial. Early payments wonât cause any problems (except for those who plan irresponsibly). Late payments can cause problems for everyone. They are not late at this time.
The official payment date has always been the 15th of the month or the next business day. You know this. Envato has never been late in fulfilling this promise. If you want to complain about how they are âunreliableâ because they send payment 1 day early, I donât think Iâve ever heard of any business complaining about getting paid early; thatâs absurd.
You should picture it as an invoice for example. Envatoâs âdue dateâ is the 15th or whatever the next business day is. But an invoice with a due date can be paid before the due date - you should still plan everything based on the due date.
And so as I hope I made clear above above, cash flow here is 100% predictable. You know the date that you will have your money by, and you should plan accordingly. Just to add, it only becomes unpredictable, if you start making assumptions.
With that, thereâs nothing more to be said here from me.
The three times they paid early was breaking the established practice. The established practice for the other thirty times that the 15th fell on a weekend, was waiting until monday