No matter the size of the business, a backlog of late payments can create significant problems. Without a routine system in place to effectively manage late payments, the issue can soon start to snowball.
The FSB has warned that nearly half a million small firms could collapse in the next 12 months, due to late invoice payments.
In this guide we will explore how businesses can better manage their payment processes and offer advice on how best to deal with late payments.
The Payments Association
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© Copyright 2024 The Payments Association. All Rights Reserved. The Payments Association is the trading name of Emerging Payments Ventures Limited.
Emerging Ventures Limited t/a The Payments Association; Registered in England and Wales, Company Number 06672728; VAT no. 938829859; Registered office address St. Clement’s House, 27 Clements Lane, London, England, EC4N 7AE.
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