Cash flow is arguably the main driver that keeps any business going and the sooner it becomes predictable the more…
late payments
Can I Charge Interest on Late Payments?
The answer is yes. A payment becomes late at different times depending if you agree a payment date or not.…
Late payment issues damaging your business relationships?
Across industries there are many differences and similarities. One thing that every company faces no matter which industry they are…
Large clothing retailers paying their suppliers late
As a clothing manufacturer your main costs may include wages, machinery, upkeep of machinery, equipment such as materials and of…
Handling Late Paying Customers: What to do?
So it’s been 30, 60 or even 90 days and your invoice still hasn’t been paid. You may begin to…
The Importance of Days Sales Outstanding for SMEs
As a small business days sales outstanding (DSO) is arguably one of the most important measures to keep track of.…
Why Late Invoice Payments are Slowing SME Growth
SMEs are continuing to establish themselves as an important part of the UK economy. In 2018 SMEs turned over £2.0…