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Late Payment

Unpaid Invoices to blame for a fifth of SME failures
Credit Control

Unpaid Invoices to blame for a fifth of SME failures

We often warn that late payment can be more than just an inconvenience for many small firms, as the interruption…
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Cable: Big businesses have profited ‘for long enough’ from late payment
Credit Control

Cable: Big businesses have profited ‘for long enough’ from late payment

Late payments to SMEs must not be an acceptable way for big businesses to boost their own profits, according to…
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May the 4th Be With You: A New Hope for Debt Recovery
Credit Control

May the 4th Be With You: A New Hope for Debt Recovery

    A LONG TIME AGO, IN A GALAXY FAR, FAR AWAY     THE REBEL ALLIANCE SECURED A FAMOUS VICTORY    …
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How to Chase an Overdue Invoice
Guides

How to Chase an Overdue Invoice

Unless you have the luxury of an in-house credit controller - which is something even some larger firms can't afford…
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Late payment forces SMEs to become ‘interest-free lenders’
Credit Control

Late payment forces SMEs to become ‘interest-free lenders’

Many small to medium-sized enterprises (SMEs) across the UK are effectively being forced to loan money to large firms interest-free,…
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Global Payment Terms Can be a Hindrance to SMEs
International Debt Collection

Global Payment Terms Can be a Hindrance to SMEs

Many SMEs are aware of the importance of a 'level playing field' when it comes to prompt payments - including…
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PCG suggest anonymous ‘name and shame’ hotline for late payment
Credit Control

PCG suggest anonymous ‘name and shame’ hotline for late payment

The Professional Contractors Group have called for an anonymous hotline to be created, allowing small business owners to 'name and…
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Late payment ‘the greatest risk to creditors’
Credit Control

Late payment ‘the greatest risk to creditors’

Late payment of invoices is now - for the first time in recent years - the single greatest risk to…
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Poor Credit Control Processes Cause Costs
Credit Control

Poor Credit Control Processes Cause Costs

The world of credit control brings to mind the infamous Donald Rumsfeld quote: "There are known knowns; there are things…
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Prompt Payment Code fails to stop large firms making slow payments
Credit Control

Prompt Payment Code fails to stop large firms making slow payments

Slow payments represent a substantial risk to small and medium-sized businesses, who must often meet the cost of materials and…
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