Sections
late payments
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1.2KB2B PaymentsWhy Communication Is Key To Faster Construction Payments
Late payments are a headache for any industry, but the construction sector has seen some particularly detrimental effects from cash-flow bottlenecks. In...
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3.9KPayment MethodsPayment Plans And The College Affordability Test
Call it the $1.6 trillion challenge. College is a rite of passage for some, a dream for others and a financial challenge...
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3.4KPayment MethodsReport: The Late Tuition Payment Epidemic
Over the past three decades, the cost of college tuition has increased significantly. According to the College Board, the cost of a...
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2.6KB2B PaymentsIn Australia, Regulators Uncork Pressure On Winemakers For Timely Payments
A backlash against lengthy payment terms for grape growers may be fermenting in Australia. Elsewhere, in the U.S., some political campaigns appear to...
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3.0KB2B PaymentsTackling Late Supplier Payments From The Buyer’s Perspective
Cash flow management can be a conundrum for any business, large or small. But when SMB suppliers land a contract with a...
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1.9KB2B PaymentsTardy UK Firms Suspended From Prompt Payment Code
The U.K.’s Chartered Institute of Credit Management (CICM) has named-and-shamed some of the nation’s largest organizations for their habit of failing to...
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2.3KB2B PaymentsUK Reveals Late Payments Law Loophole
The U.K. is perhaps the most vocal market in the late B2B payments world, with regulators working to address delayed invoice payments,...
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2.8KB2B PaymentsPrivate Sector Not Immune To Late Payments Struggle
Late payments know no boundaries, and can impact companies of all sizes, industries and geographies — whether in the private or public...
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2.4KB2B PaymentsMore Suppliers Want Earlier Payment: Taulia
More B2B suppliers are urging their corporate customers to pay invoices early for an early payment discount, according to a new survey...
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2.4KB2B PaymentsIn The UK, Fines May Loom For Big Firms That Pay Late
New proposals on offer from Minister of Small Business Kelly Tolhurst in the U.K. may hit large firms in the pocketbook —...
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2.2KB2B PaymentsLate Payments On The Campaign Trail
It’s not just large businesses that pay late. Even presidential campaigns at times have dragged their feet on paying for services in...
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2.4KB2B PaymentsSuppliers Left Hanging As Sears Rescue Attempt Progresses
The corporate restructuring of struggling retailer Sears continues, with hedge fund owner Edward Lampert reaching a deal this week to combine Sears...
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2.3KB2B PaymentsThe Domino Effect Of Corporate Failures, Late Supplier Payments
Despite ongoing turbulence from major global market events like Brexit and trade wars, the prevalence of business failures has actually declined across...
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1.8KB2B PaymentsUK SMB Group Calls On May To Tackle Late Payments
In the U.K., the late payments epidemic continues, with SMBs calling on the outgoing May administration for action. Meanwhile, late payments have...
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2.2KB2B PaymentsFreelancers Decry CNN’s 90-Day Supplier Payment Terms
News outlet CNN is reportedly set to wait 90 days to pay freelancers, according to reports last week from The Daily Caller....
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2.4KB2B PaymentsAustralian Governments Take Action On Late SMB Payments
While late payments to small B2B suppliers appears to be a universal challenge, the U.K. has arguably shed the most light on...
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2.1KB2B PaymentsData: Slovak Firms Among Europe’s Latest Payors
In Europe, companies grapple with late payments – but certain regions and countries lag in getting suppliers paid. A new study finds...
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2.2KSMBsThe Vicious Cycle Of Trade Credits
The rise of the gig economy exposed an issue that had plagued freelancers for ages: past-due invoices and cash flow. PYMNTS’ Gig...
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2.4KB2B PaymentsIn Sierra Leone, Late Payments Lay Waste To SMBs
Sierra Leone is showing the impact of late payments, where a significant number of smaller firms have been forced to shutter operations....
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2.1KB2B PaymentsThe UK’s Prompt Payment Code Sees Laggards
In the U.K., mandates to get larger firms to pay smaller suppliers and contractors with speed seems to be hitting some speed...
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2.7KLoansCredit Card Losses Top Home, Auto Loans At US Banks
Credit card losses at the biggest banks are outpacing auto and home loans, with the biggest margin seen in the last 10...
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1.7KB2B PaymentsRolls-Royce, Vodafone Among Prompt Payment Code Violators
The U.K.’s Chartered Institute of Credit Management has removed or suspended a total of 17 companies from the Prompt Payment Code, a...
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1.5KB2B PaymentsIn Wales, Late Payments’ Ripple Effects Felt In Construction Sector
A Welsh construction trade group is advocating for safeguards to get smaller suppliers paid in the wake of a larger firm’s collapse....
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2.6KB2B PaymentsGovQuote Links Government Suppliers To BlueVine Financing
Small business financing platform BlueVine is teaming up with government procurement solutions portal GovQuote to connect government vendors with working capital solutions....
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3.0KB2B PaymentsDawnus Collapse: Did The Construction Sector Learn Its Lesson From Carillion?
More than a year after the collapse of U.K. construction giant Carillion, the case continues to make headlines. Most recently, the U.K.’s...
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3.5KB2B PaymentsLegislation Bows To Curb US Government Late Payments
In the wake of the government shutdown, several U.S. lawmakers unveil legislation aimed at getting government contractors paid in a timely manner. In...
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3.2KB2B PaymentsFunding Options Criticizes UK Approach To Late SMB Tax Payments
Alternative small business lending platform Funding Options has criticized U.K. tax authorities’ approach to small businesses that fall behind on tax payments....
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3.6KB2B PaymentsScottish Construction Trade Association Calls For Action Amid Late Payments
Spotlights continue to be trained on late payments in the United Kingdom, where a construction trade group in Scotland has called for...
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4.2KB2B PaymentsIn UK, Cabinet Warns Suppliers Of Bans Over Late Payments
Public contractors get a warning in the United Kingdom that late payments to suppliers and subcontractors could get them banned from public...
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4.5KB2B PaymentsStudy Shows UK Late Payments’ Impact On Employees
Late payments have had a ripple effect in the UK, as cash flow has gotten tougher to manage – and even covering...
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4.3KB2B PaymentsFor Suppliers, Buyer Risk Goes Beyond Late Payments
Late payments may dominate the headlines as the biggest worry for suppliers — especially smaller vendors. But lengthy payment terms and missed invoice...
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4.1KB2B PaymentsUK Chancellor Seeks Crackdown On Late Payments
Late payments continue to negatively impact small enterprises in the U.K., and the Chancellor of the Exchequer has stated that larger firms...
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7.9KB2B PaymentsVodafone To Profit Off Late Payments
Vodafone Group has invested in a fund that makes money by paying suppliers late. The company invested €1 billion ($1.1 billion USD) into the €2.4...
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4.2KB2B PaymentsPayments Code Down Under Makes Headway
In Australia, more businesses are signing onto the late payments code that punishes late payers. In the UK, there are calls to...
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6.2KB2B PaymentsWhy Construction Payments’ Friction Has Nothing To Do With Payments
What’s more complicated than a B2B transaction? A B2B transaction in an industry like construction, where what triggers a payment isn’t a...
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2.5KB2B PaymentsReport Breaks Down UK Late Payers By Geography
A new report shows where the late payers are — and are not — in the United Kingdom, as defined by geography. In...
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6.8KB2B PaymentsLate Payment Penalties In India Include Prison Time
In India, government efforts to crack down on late payments made to smaller firms include fines and possible imprisonment for officers of...
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5.8KB2B PaymentsWhy Faster Payments Isn’t The Answer To Accounts Receivable Delays
With faster payments functionality beginning to take off in the U.S., the outlook of how accelerated transaction times might impact B2B payments...
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3.4KB2B PaymentsFSB Pressures UK To Nix Contracts To Late Payers
Small businesses combatting the practice of late invoice payments in the U.K. are proposing a new tactic in the fight. Reports in...
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4.1KB2B PaymentsDown Under, Supermarkets Combat Late Payments
In Australia, large supermarket chains are among the firms combatting late payments, and adhering to a supplier payment code. In the U.S., the...
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Intuit Study: A Third Of Small Businesses Grapple With Late Payments
Cash flow is steady when accounts payable and accounts receivable are well managed. Hiccups in accounts receivable — such as not getting paid...
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5.8KB2B PaymentsCash Flow A Tough Lesson To Learn For SMBs
Small businesses (SMBs) are often called the lifeblood of the economy. As it were, cash flow is the lifeblood of the small...
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3.6KB2B PaymentsYooz Debuts AP Automation Tech To UK Market
Procure-to-pay software company Yooz plans to expand into the U.K., the firm announced on Wednesday (Feb. 6). A press release revealed that the...
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4.4KB2B PaymentsPG&E Bankruptcy Plans May Hit Suppliers, Too
The ripple effects of PG&E’s bankruptcy may hit billions of dollars in outstanding supplier contracts as renegotiations loom. Elsewhere, Saudi Arabia is spotlighted...
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4.9KB2B PaymentsUS Firms Claim Delayed Payments From Saudi Arabia
U.S. suppliers are growing more vocal about what they have said are lengthy payment terms from government customers in Saudi Arabia, recent...
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3.0KB2B PaymentsAussie Lawmaker Calls For Mandatory Timely Supplier Payments
Australian Senator Pauline Hanson is urging the government to adopt mandatory, timely B2B payments for small suppliers, reports in The Australian said...
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3.9KB2B PaymentsWhere Payments And Funding Fit Into The SMB Growth Trajectory
For a small business (SMB) to grow enough to expand across borders is an accomplishment by any definition, considering how many hurdles...
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5.1KB2B PaymentsLate Payments A Government Hallmark In The UK — And US, Too
As the government shutdown dragged on into the weekend, the impact of late payments on contractors got the spotlight in outlets such...
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4.6KB2B PaymentsIn UK, Larger Firms Pay Suppliers Later
The late payments epidemic continues in the U.K., and larger firms take longer to pay. Separately, it’s no cakewalk for Patisserie Valerie to...
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3.3KB2B PaymentsIn UK, Cabinet Office Pays Late, Too
In the U.K., it turns out that even some of the most vocal critics of late payments … pay late. Will a...
