Tags Unpaid invoices

Tag: unpaid invoices

British SMEs ‘Owed £67 billion in Unpaid Invoices’

The small and medium sized enterprises (SMEs) across the UK are currently owed a combined total of £67 billion in relation to unpaid invoices. These figures...

UK Business Invoices paid over 3 weeks late on average

  The latest data produced from Experian shows that whilst the payment of Business invoices has improved somewhat, there still remains serious issues within many...

Banking Boss Admits £2 Million Invoice Fraud

A former Lloyds bank boss in charge of online security has admitted a £2.4 million fraud.

SMEs Spending 130 Hours a Year Chasing Late Payers

A recent survey has revealed that SMEs are spending an average of 130 hours a year chasing late payments for unpaid invoices and overdue accounts.

SME Debt Hits Record High With Large Businesses Blamed

New data released by Bacs Payment Schmes shows the level of outstanding debt owed to SMEs in the UK has reached a high of £35.5bn.

Stricter Credit Control Key to Improving Cashflow

Businesses are being urged to impose stricter cash and credit control procedures as a means of preventing late payments by a leading UK bank.