The 3 Main Reasons Why Businesses Don't Pay on Time and How to Overcome Them

The 3 Main Reasons Why Businesses Don’t Pay on Time (and How to Overcome Them)

One of the biggest issues for the finance department is getting its invoices paid on time. Last year, the government estimated that there were £23.4 billion worth of late invoices owed to British businesses. Late payment impacts cash flow, holds back investment, damages business relationships and threatens a company’s survival. There are three main reasons …

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