Prompt Payment Code

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...

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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...

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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...

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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. As...

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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...

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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...

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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. Reports on...

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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...

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