Tag: sme late payment
Accountants should ‘help’ prevent SME late payment says expert
The combination of accountants’ expertise and real-time cashflow forecasting can play a major role in safeguarding small businesses against the worsening issue of late...
Late payments costing Small Businesses £684m
New research shows that half of invoices issued by small businesses are paid late. Could stricter penalties and more transparency in regulation and reporting...
Late payments adding to Small Business cash flow worries
Small businesses were owed almost £23,000 in late payments for a month, according to new data, adding to the sky-rocketing energy bills that are...
Small Business late payment rising due to cost of living increase
Nearly a quarter (24%) of small businesses and medium sized enterprises (SMEs) have seen a rise in the number of late payments. The late...
The real cost of Small Business late payment
The financial impacts from COVID is forcing many SME's into bankruptcy. One of the major instigators of this is the late payments issue, which...
SME’s owed 21k on average due to late payments
New data from Intuit QuickBooks has highlighted the burden of late payments on already financially stretched small and medium-sized businesses (SMBs) with the average...
Pandemic is forcing Companies into Late Payment clampdown
The changing face of late payment has lead to nearly half of companies saying that they were lucky to have survived 2020. This is...
Late Payments hampering Small Business recovery
Small Business late payment is severely hampering recovery from the pandemic according to new data. Delayed payment of invoices owed to SME's over the...
48% of Businesses see increase in late payments
New data captured has shown that 48% of Businesses have seen an increase in late payment. Clear evidence that the pandemic is fuelling a...
New Small Business Commissioner urged to tackle late payments
Uk Sole traders group IPSE has called upon the new Small Business Commissioner Liz Barclay to take a tougher approach to late payments. IPSE...
