There has been very encouraging momentum in the movement to tackle the scourge of late and slow payments.
Alexander von Schirmeister, Managing Director UK & EMEA at Xero, highlighted the issue in their monthly insights data update: “It is unacceptable that payment time to small businesses continued to rise – a Department for Business and Trade review of late payments had to tackle the issue”. Read more in The Times here (note – there is a paywall).
Meanwhile our own CEO Terry Corby is featured in the latest issue of Finance Transformation Magazine, which also includes an in-depth piece with Liz Barclay the Small Business Commissioner.
Read Terry’s article here.