Prompt Payment Code

UK SMB Group Calls On May To Tackle Late Payments

UK SMB Group Calls On May To Tackle Late Payments
UK SMB Group Calls On May To Tackle Late Payments
June 03, 2019  |  B2B Payments

In the U.K., the late payments epidemic continues, with SMBs calling on the outgoing May administration for action.  Meanwhile, late payments have a ripple effect...

READ MORE >
The UK’s Prompt Payment Code Sees Laggards
The UK’s Prompt Payment Code Sees Laggards
May 06, 2019  |  B2B Payments

In the U.K., mandates to get larger firms to pay smaller suppliers and contractors with speed seems to be hitting some speed bumps. In Scotland, a...

READ MORE >
Rolls-Royce, Vodafone Among Prompt Payment Code Violators
Rolls-Royce, Vodafone Among Prompt Payment Code Violators
April 30, 2019  |  B2B Payments

The U.K.’s Chartered Institute of Credit Management has removed or suspended a total of 17 companies from the Prompt Payment Code, a move likely to...

READ MORE >
Late Payments A Government Hallmark In The UK — And US, Too
Late Payments A Government Hallmark In The UK — And US, Too
January 21, 2019  |  B2B Payments

As the government shutdown dragged on into the weekend, the impact of late payments on contractors got the spotlight in outlets such as Bloomberg. Get...

READ MORE >
Solna On Moving Beyond AltFin To Tackle Late Vendor Payments
Solna On Moving Beyond AltFin To Tackle Late Vendor Payments
September 19, 2018  |  B2B Payments

In the late payments battle, a popular strategy to ease cash flow concerns is to target the business getting paid late. Broadening access to trade...

READ MORE >
Threat Of Insolvency Spikes For UK Construction Industry
Threat Of Insolvency Spikes For UK Construction Industry
May 10, 2018  |  B2B Payments

Following the collapse of the U.K.’s largest contractor, construction conglomerate Carillion, new data shows a major spike in the number of construction companies facing financial...

READ MORE >
UK Construction Tries Again With Prompt Supplier Payment
UK Construction Tries Again With Prompt Supplier Payment
August 12, 2016  |  B2B Payments

The U.K. may have its Prompt Payment Code, but members of the construction industry say they need to take the initiative more seriously. Get the...

READ MORE >
Scot Town Sees eInvoicing As A Cost-Saver
Scot Town Sees eInvoicing As A Cost-Saver
September 16, 2014  |  B2B Payments

The city council in Aberdeen processes some 75,000 invoices each year from 147 registered suppliers. To help it process those invoices more effectively, the Scottish...

READ MORE >