late payment Tag

Late payment is a key challenge for UK SMEs.  Severe cash flow crisis is the primary cause of business failure among UK SMEs, and can even topple established businesses within a matter months. When large payments are delayed, sometimes by multiple customers, the effects can be devastating. Late payment can also cause...

The UK government have announced new proposals designed to help tackle late payments. The proposals oblige large and listed companies to fully publish detailed information regarding their performance around how they pay their suppliers. For us here at Pay4 this is great news to hear and a long time overdue. SME's are often considered...