· By using the Ring, members can earn extra income by carrying out paid jobs for others.

 

· More efficient use of machines help to pay for them.

 

· Members who do not have much machinery can gain access to up-to-date equipment  when the need arises.

 

· Maximises the use of expensive machinery.

 

· Provides you with a wide range of machinery & labour skills.

 

· Less paperwork.

 

· Prompt payment through direct debit.

 

· Puts neighbourliness on a proper footing.

 

· Fodder database minimises surpluses and shortages.

 

· We source a cheap price on fuel.

 

· We source the greatest saving on electricity.

 

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Instead of you chasing jobs / suppliers, we do it for you.   We even do the billing …. and collect the money for you!

 

We operate a direct debit and credit system which enables us to collect the money on the suppliers behalf and so saves them having to send out bills. Once the job has been completed, a work schedule ticket is filled in and signed by both demander and supplier.  This ticket can be faxed or posted to the office.

 

We will do the rest for you.

 

On joining the Ring all members are required to fill in a direct debit mandate. On receipt of the work ticket an invoice is generated on behalf of the supplier and sent  to the demander. We collect the money  by direct debit  at 21 days  and pay the supplier by direct credit at 28 days.  We  also send  a copy of the invoice to the supplier. This has been adjusted for  VAT and  our commission charges.

 

· This system is both more efficient and cost effective than cheques.

 

· It enables suppliers to collect their money  on a regular  basis on the day it is due.

 

· Demanders do not end up with huge bills  accumulating over a period of months.

 

· Cash flow is helped all round.

 

· We are always looking at ways of reducing the costs of running the Ring. Typically, a direct debit only costs a quarter of the price of a cheque.

© 2008 PMR Ltd

P.M.R. Ltd is a  non-profit making Friendly Society  run for the benefit of it’s members,  registered under the Industrial and Provident Societies Act 1965, London Reg. No. 27395R.