late payment


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The team from The Trunk have released cloud-based software to enable entrepreneurs and small business owners to track their client's time, their team's timesheets, automate invoicing to their customers, automate invoicing for their contractors and finally automate late payment chasing.
ALMOST a quarter of small and medium-sized businesses in Yorkshire face a potential financial crisis due to late payment of invoices, according to research.
It is a stark fact that underlines the issues of late payment faced by many small businesses here in Wales and elsewhere across the UK.
Late payment was cited by more than two thirds (67%) as being a major cause and 27% of the North East businesses surveyed said they expected the proportion of customers requiring deferred payment terms to increase in the next six months.
PESHAWAR -- The Pesco will waive off late payment surcharge if the defaulted Federal, Provincial Govts Departments, autonomous and Local Bodies paid their arrears and outstanding dues by June 30, said a release of the Pesco here Thursday.
55 With the national figure standing at almost one in six (15 per cent) and with earlier research finding that late payment is a primary or major factor in 20 per cent of corporate insolvencies, WALL STREET CLOSED: TOKYO CLOSED: up 78.
KAREN BELLION, chair of Liverpool and Knowsley branch of small business lobby group the Federation of Small Businesses, offers advice on how to tackle late payment issues.
THE late payment problem continues to be an issue for almost two fifths of SMEs in the North-east, with as many as 21% of firms claiming that it is worse now than it was 12 months ago.
The FSB and some of its members directly affected by late payment met with government, the Confederation of British Industry and leading FTSE 350 members.
THE chief executive of one of the North East's largest companies has called for action to tackle the blight of late payment to small businesses.
The Directive stipulates that the statutory interest rate for late payment in the member-states should be increased to at least 8 percentage points above the European Central Bank's reference, while public authorities are not allowed to fix an interest rate for late payment below that threshold.
BUSINESS leaders want the Government to stop the charade of the ineffectual late payment laws and ensure SMEs in Ireland are paid on time.