A new study from Debtor Daddy has revealed that New Zealand SMEs are missing out on around $18,000 per day, simply because “small businesses are terrible at chasing customers for... read more →
Govt intervention having little effect: 50,000 UK businesses go under each year due to late payments
A new report from The Federation of Small Businesses (FSB) says that the UK’s poor payment culture forces 50,000 small businesses under and costs the UK economy around £2.5 billion... read more →
The Small Business and Family Enterprise Ombudsman, Kate Carnell, has launched an inquiry into the late payment of small businesses in Australia and is considering potential regulatory and market-based measures.... read more →
Coming as a surprise to no-one, the latest SME snapshot from MYOB has found that 77% of businesses have felt some sort of business impact from a customer not paying their... read more →
23% of corporate insolvencies over the last 12 months are caused by late payments from another company, according to new research from UK trade association R3. The survey reveals that... read more →
Some Kiwi milk producers have to wait almost four months for payment from dairy giant Fonterra, as the milk giant aligns with “international best practice” and pushes its terms of payment... read more →
The Department of Jobs, Enterprise and Innovation in Ireland launched an initiative in 2015 to encourage businesses to pay suppliers promptly. Should we do the same here? Introduced in March... read more →