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Late Payments

News

Small business commissioner: scourge of late payers or toothless PR exercise?

The announcement or a new role names small business commissioner was greeted with cautious optimism this week: but what powers will this new office bring with it and will it have any real clout to effect change around late payments and beyond?

News

Late payment culture 'life-threatening' for many businesses

Report by Association of Chartered Certified Accountants calls on new business secretary Sajid Javid to tackle root of issues around late payment.

News

Government offers support on late payments: but SMEs must still help themselves

As part of the Queen's Speech the Enterprise Bill offered support for small businesses hampered by late payments: but even with added help these companies must take action to tackle the problems themselves.

News

Barclays and Fujitsu join new government late payment advisory board

In an attempt to strengthen the Prompt Payment Code brought into effect in 2008, a panel of businesses and organisations are being assembled to ensure suppliers are paid on time and treated properly.

Growth Planning

Don’t let big businesses call the shots

Having first raised the argument that SMEs are failing to connect with enterprises, Tradeshift CEO Christian Lanng looks at how smaller businesses should not be bullied by the big boys.

News

FTSE 100 and 250 companies to be named and shamed for failing to sign Prompt Payment Code

The government is warning big businesses listed on the FTSE 100 and FTSE 250 indexes that failure to join the Prompt Payment Code could result in being publicly named.

Alternative Finance for Business

Reducing the impact of late payment

Graham Tripp from Touch Financial examines the knock-on effects that can arise when payments are missed.

News

UK companies attuned to late payment problems

In a bid to avoid late payments, UK businesses are tightening cash and control procedures, new research finds.

News

Slower payment terms take toll on SMEs

Suppliers to large corporates have no choice but to take on more debt as payment terms are stretched further, according to investment bank Investec.

News

Poor payment still top concern

Customers paying late remains the chief worry for growing companies, according to research from the Forum of Private Business (FPB).

Financial Management

Late payment interest and compensation: the basics

A quick overview on late payment interest and compensation from debt recovery specialist Lovetts.

News

Late payment putting companies at risk

Growing businesses are being edged closer to bankruptcy by late payers, according to a GrowthBusiness poll.

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Accounting and Finance Software

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Accounting and Finance Software

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Opinion

Boosting confidence in outsourcing your customer service function to call centres in Africa

CCI Kenya discusses why outsourcing key of your business processes to call centres in Africa may be beneficial