late payments

EC Proposes Rule Requiring Small Businesses Be Paid Within 30 Days

EC Proposes Rule Requiring Small Businesses Be Paid Within 30 Days
EC Proposes Rule Requiring Small Businesses Be Paid Within 30 Days
September 12, 2023  |  SMBs

The European Commission (EC) has proposed that all small and medium-sized businesses (SMBs) must be paid within 30 days. The new proposal for regulation on late payments...

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Chaser Deploys AI to Predict Best Times for Payment Reminders
Chaser Deploys AI to Predict Best Times for Payment Reminders
August 02, 2023  |  Artificial Intelligence

Chaser, a global accounts receivables (AR) platform and credit control service provider, has launched an artificial intelligence (AI)-powered “recommended chasing times” feature designed to help...

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Only 17% of Small Firms Are Reaping Benefits of Automating Accounts Receivables
Only 17% of Small Firms Are Reaping Benefits of Automating Accounts Receivables
July 06, 2023  |  Accounts Receivable

Accounts receivable (AR) automation is transforming corporate finance operations by providing enhanced efficiency, speed and accuracy in payments handling. However, the adoption of AR automation...

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Late Payments Push More Businesses Toward AP Automation
Late Payments Push More Businesses Toward AP Automation
June 26, 2023  |  Accounts Payable

Business-to-business (B2B) payments are the lifeblood of the modern economy, with businesses spending trillions of dollars on merchandise, services and other goods from their vendors...

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Real-Time Payroll Helps Struggling Workers Avoid Payday Loans
Real-Time Payroll Helps Struggling Workers Avoid Payday Loans
January 27, 2023  |  News

Sixty-three percent of Americans were living paycheck to paycheck as of November, up from 60% the month prior, according to a recent report. Low wages...

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An Insider on Driving Business Growth by Prioritizing Payments
An Insider on Driving Business Growth by Prioritizing Payments
January 24, 2023  |  B2B Payments

Late payments threaten cash flow and project completion for construction companies, with 86% reporting late payments damage productivity. In the “B2B And Digital Payments Tracker®,”...

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86% of Construction Firms Blame Late Payments on Productivity Declines
86% of Construction Firms Blame Late Payments on Productivity Declines
January 23, 2023  |  B2B Payments

A potential housing sector recession is on the horizon, with new construction and building permits falling as homebuilder confidence has sagged to its lowest level...

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Small Business Eager to Tap $51 Billion Embedded Finance Market
Small Business Eager to Tap $51 Billion Embedded Finance Market
December 09, 2022  |  Banking

Small to midsized businesses (SMBs) often face a legion of challenges when attempting to process payments swiftly and securely. Incorrect invoices, insufficient cash reserves and...

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