VSP use cases · Government contracts · Contracts and invoicing
The Prompt Payment Act, and getting paid on everything else.
Federal agencies are generally expected to pay proper invoices within 30 days or owe interest under the Prompt Payment Act. Your commercial work and subcontracts have no such rule. VSP automates those contracts and invoices so you're not waiting on anyone.
Contracts and invoicing from VSP
$985 per month
Unlimited contract templates.
- Contract on close
- Sign and pay in one step
- Automatic reminders
- Full record
The problem
What usually goes wrong.
Cash gap between jobs
Government pays on its schedule while payroll is due now.
Subcontracts on paper
Teaming agreements and subcontracts go out late.
Commercial invoices chased by hand
Nobody follows up until it's overdue.
How VSP does it
Prompt payment act, step by step.
- 01
Contract on close
Subcontracts and commercial agreements go out the moment a deal is won.
- 02
Sign and pay in one step
Deposits collected when the client signs.
- 03
Automatic reminders
Unpaid invoices are chased for you.
- 04
Full record
Every send, signature and payment logged with a time.
Why VSP stays narrow
One job, done deeply, with a person on it.
Deals slip between the yes and the payment. A contract waits for Monday, an invoice waits for a reminder. We fix only that gap, and we keep a person watching it.
Every VSP service has a real person on top of the AI. They set it up, check the work and answer to you.
Backed by research
The findings behind it.
56%
of U.S. small businesses surveyed were owed money from unpaid invoices, about $17,500 each on average. Intuit QuickBooks Small Business Late Payments Report 2025
47%
had invoices more than 30 days overdue. Intuit QuickBooks Small Business Late Payments Report 2025
Sources
Prompt payment act: common questions
What are the payment terms for government contracts?
Under the Prompt Payment Act, federal agencies generally pay a proper invoice within 30 days unless the contract says otherwise. Late payments can earn interest penalties.
How are government invoices submitted?
Usually through the agency's system, such as WAWF for the Department of Defense or IPP for many civilian agencies. VSP doesn't submit those; we automate your commercial and subcontract paperwork.
What is the penalty for late payment by the government?
Interest is owed on late payments under the Prompt Payment Act, at a rate set by the Treasury.
What does VSP charge?
$985 a month, with unlimited contract templates.
Prompt payment act, handled by VSP.
Bring your situation to a short call. We will tell you honestly if this is the right fit.