late payments

73% of Independent Contractors Would Switch to Freelance Marketplace for Better Payment Experience
73% of Independent Contractors Would Switch to Freelance Marketplace for Better Payment Experience
February 09, 2022  |  B2B Payments

Delayed payments can strain companies’ working relationships with independent contractors. These late payments can impact the freelancers’ financial health and strain their trust in the...

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FinTech Lenders Help Subcontractors Prime the Pump for Their Next Jobs
FinTech Lenders Help Subcontractors Prime the Pump for Their Next Jobs
January 24, 2022  |  B2B Payments

Commercial construction, a $900 billion industry in the U.S., has the longest days sales outstanding (DSO) of any mature industry — 83 days. “That’s the...

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45% of Businesses View Slow Payments as a Primary Pain Point
45% of Businesses View Slow Payments as a Primary Pain Point
January 21, 2022  |  B2B Payments

Frustrations over delayed payments are on the rise, prompting businesses to upgrade their B2B transactions and other processes. Today, 45% of businesses view slow payment...

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73% of Procurement Professionals Say Late Payments Strain Business Relationships
73% of Procurement Professionals Say Late Payments Strain Business Relationships
January 14, 2022  |  B2B Payments

Firms that have yet to digitize their accounts payable (AP) and accounts receivable (AR) processes are likely to be at more of a competitive disadvantage...

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93% of Companies Experience Late Payments
93% of Companies Experience Late Payments
January 04, 2022  |  B2B Payments

Accounts receivable (AR) teams face notable challenges, especially if their companies continue to rely largely on manual processes. One of the biggest pain points is...

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Late Payments Threaten 8% of UK Small Businesses
Late Payments Threaten 8% of UK Small Businesses
January 03, 2022  |  Cross-border Payments

The U.K.’s Federation of Small Businesses says that a “late payment crisis,” coupled with high inflation and increased administration for international traders, is threatening to...

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$1.2 Trillion in Non Recurring Payments Create Cash Flow Problems for Small Business
$1.2 Trillion in Non Recurring Payments Create Cash Flow Problems for Small Business
November 25, 2021  |  SMBs

Nonrecurring payments to infrequent service provider and independent contractors are a fact of life for small- and medium-sized businesses (SMBs), but they also present a...

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New Data: Non-Recurring Business Payments Have 1-in-3 Chance of Being Late
New Data: Non-Recurring Business Payments Have 1-in-3 Chance of Being Late
November 18, 2021  |  SMBs

Small and midsize businesses (SMBs) in the United States receive more than a third of their sales from buyers they work with irregularly — once,...

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Remitter to Partner With Visa Ready Program for Expansion
Remitter to Partner With Visa Ready Program for Expansion
November 16, 2021  |  Partnerships

Remitter, a digital communication platform which uses artificial intelligence (AI), has partnered with the Visa Ready Fintech Enablement Certification Program, according to a Tuesday (Nov....

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