Sections
late payments
-
1.4KB2B 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....
-
1.8KB2B 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...
-
2.3KB2B 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...
-
2.7KB2B 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....
-
2.7KB2B 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...
-
3.4KB2B 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...
-
3.9KB2B 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...
-
3.9KB2B 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...
-
3.6KB2B 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...
-
6.8KB2B 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...
-
3.8KB2B 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...
-
5.0KB2B 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...
-
2.2KB2B 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...
-
6.3KB2B 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...
-
5.0KB2B 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...
-
3.0KB2B 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...
-
3.7KB2B 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...
-
4.9KB2B PaymentsIntuit 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...
-
4.7KB2B 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...
-
3.2KB2B 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...
-
4.0KB2B 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...
-
4.2KB2B 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...
-
2.6KB2B 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...
-
3.3KB2B 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...
-
4.7KB2B 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...
-
3.8KB2B 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...
-
3.0KB2B 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...
-
3.8KB2B Payments
UK Tries Another Late Payments Tactic With Stoplight System
The U.K. is launching a traffic-light warning system to spotlight large companies that fail to pay their suppliers on time. The Sunday...
-
3.5KB2B PaymentsFresh Questioning Amid Carillion’s Collapse
Carillion’s ripple effect continues, with new questions lobbed at the firm’s former executives as the government weighs in on late payments. Elsewhere,...
-
2.4KNewsFive At Five: Amazon Doesn’t Have A Lock On Smart Speakers
Welcome to Five at Five, your late look at the day’s payments and commerce news. Today’s coverage includes the latest news about...
-
4.2KB2B PaymentsGreensill: Holiday Impact On Late Payments Will Be $110B
Alternative lender Greensill has released new research on how much vendors and manufacturers of holidays gifts and products will be waiting on...
-
4.3KB2B PaymentsPatisserie Valerie Fallout Continues With Late Supplier Payments
The fallout from the alleged accounting scandal at U.K. café chain Patisserie Valerie continues, with the firm’s delayed payments to suppliers causing...
-
5.2KB2B PaymentsRising Delinquency Rates Dampen Reports Of Stronger Business Performance
There is a lot to be optimistic about for U.S. businesses. A strengthening economy and forecasts of new revenue heights have corporates large...
-
4.1KB2B PaymentsUK Late Pay Epidemic Looms Over Xmas Season
The U.K. seems to be the epicenter of the late payments epidemic, and new stats bear out the cost to the tune...
-
4.0KB2B PaymentsIn UK, Late Payments Report Finds Fault With Big Retailers
Stretched payment terms got examination in the U.K., which found that some retailers, such as WHSmith and Boots, are paying suppliers only...
-
3.2KB2B PaymentsLate Payments Spur Australian Subcontractors’ Advocacy
Down under, subcontractors are seeking relief from late payments, and calling for legislation to protect their precarious financial condition in the building...
-
3.9KB2B PaymentsLate Payments Help Sink UK SME Confidence
In the U.K., the twin barrels of Brexit and late payments have helped erode confidence in growth prospects, according to Dun &...
-
5.2KB2B PaymentsAustralia Takes Name-And-Shame Approach To Late Payments
Australia will take a name-and-shame approach to combatting the issue of late payments to B2B suppliers, according to Smart Company reports Monday...
-
5.0KB2B PaymentsIn UK, Late Payments Spur SMB Financing Scramble
A new study shows that, in the U.K., SMBs tap emergency financing to deal with late payments. In Africa, bread shortages have...
-
4.8KB2B PaymentsUK Accounting Trade Group Weighs In On Late Payments
Late payment ripple effects continue in the wake of the Carillion bankruptcy, and an accounting trade group has weighed in with its...
-
4.7KB2B PaymentsLate Payments A Growing Problem In Western Europe
Late payments, as tracked by Atradius, are a growing problem across Western Europe, and insufficient availability of funds remains the culprit. Elsewhere, studies...
-
4.7KB2B Payments
FSB: No Govt Contracts For Big UK Firms That Pay Late
In the U.K., a group representing small businesses said larger firms that are late payers should not get government business. Separately, Sears' bankruptcy...
-
3.3KSpend ManagementDeep Dive: How Prepaid Cards Can Ease Gig Workers’ Payment Pains
As companies increasingly turn to gig workers for short-term projects, and workers see the gig economy as more than a “side hustle,”...
-
5.0KB2B PaymentsLand Gorilla On Pulling Lenders Into The Fold Of Construction Payments Friction
Construction FinTech has evolved to target an array of financial friction points, with delayed payments, a mountain of paperwork and a crowded...
-
5.2KB2B PaymentsLate Payments Sound Sour Notes in US
Late payments can hit the smallest of vendors, across the most local of landscapes – as the recent supply chain troubles of...
-
7.1KB2B PaymentsIn Eastern Europe’s B2B Arena, Late Payments On The Rise
Late payments are on the rise in Eastern Europe, according to Atradius’ latest report on global debt collection practices — and late...
-
3.7KSMBsFederation Of Small Businesses: 85 Percent Of UK SMBs Paid Late In EU
It is no secret that small businesses have been grappling with late payments across the European Union. To add to that, a...
-
2.3KGlobal PaymentsHow Global Receivables Platforms Could End The Payment Waiting Game
Receivables platforms, which can streamline B2B payment reconciliations, automatically match invoice data with bank account information and deposit payments directly into accounts,...
-
4.5KB2B Payments
Carillion To Give Rise To Supplier Payments Standards?
The Carillion bankruptcy has implications for late payments beyond the construction industry. Some observers, such as David Brown, CPO of Previse, see opportunity...
-
3.1KB2B PaymentsNexus Explores Unexpected Challenges Of Faster Supplier Payments
Late and delayed supplier payments are often discussed as a problem that can plague any industry. While that may be true, in...
