late payments

late payments Archives

Cashflow issues affecting the mental health of small-business owners

Small-business owners are acutely aware of the challenges they face and are calling out for support to take back control...
late client payments, cash, law, customers, payment time

Late payments costing Aussie small businesses over a billion dollars a year

The report noted that reducing late payments to affect less than 20 per cent of invoices could reduce negative cashflow ...
success

Five ways small businesses can supercharge their success in 2022

The future is tech-based, so if you’re still performing finance-related tasks manually, it's time to make the switch and...
late client payments, cash, law, customers, payment time

Extent of late payments of big businesses to small business revealed

The average payment times by big businesses currently sits at 37 days, way beyond the 30 days maximum time mandated for ...
late payments, payment times

How to minimise late payments and help your cashflow

With SMEs generating about one-third of private-sector GDP, it is critical the supplier-vendor payment cycle is as smoot...

How to deal with late payments without the fuss

The process of dealing with late payments shouldn’t be inefficient and stressful, but without adequate systems and proce...
late client payments, cash, law, customers, payment time

Most bizarre excuses for late payments to SMEs revealed

"Businesses [should] look at taking card payments for invoices in person: that ensures immediate payment and funds being...
late client payments, cash, law, customers, payment time

Late payments stall small-business recovery

Small businesses’ invoices were settled 6.9 days after their due date on average, the latest average payment time since ...