Good Business Pays today announced the appointment of Martin Traynor OBE as Non-Executive Director.
Founded in 2021, Good Business Pays campaigns to encourage large businesses to adopt fast payment processes. It is now supported by financial behemoths that include Mastercard, Barclays, Natwest Group and Intuit, as well as the Federation of Small Business, CBI, Institute of Directors, Make UK and the British Chambers of Commerce.
Martin has recently completed five years as the Small Business Crown Representative at the Cabinet Office, where he was tasked to work with government departments and arm’s length bodies to make public procurement policies, practices, and procedures simpler for SMEs to navigate. This culminated in the Procurement Act 2023.
Commenting on Martin’s appointment, Terry Corby CEO and Founder of Good Business Pays said: “We are now just months away from the Public Sector Procurement Act coming into force. When that happens I want Good Business Pays to hold the government and public sector bodies across the UK to account for how they contract and pay small suppliers in the same we have in the commercial sector over the past four years. Martin was one of the authors of the new Procurement Act, which is supposed to make it easier for small businesses to work with the public sector. His vast experience in business and advising government on improving payment practices will bring a wealth of knowledge to us, and help us understand the best way for Good Business Pays’ to make a positive difference in the public sector.” Martin Traynor added: “As a former Chamber of Commerce Chief Executive I have seen first-hand the damage poor payment practices can do to SMEs. I am delighted to be joining the Board of Good Business Pays and to help champion better payment processes in both the public and private sectors”