from The Hackett Group, Inc found that “upper quartile companies converted cash three times faster than median performers, collected from customers 19 days faster and yet paid their suppliers 20 days slower”. From 2017 to 2018, the average payment duration of an outstanding invoice to small companies increased from 61 to 63 days, according toAll of this is a significant cash drain for small businesses.
The title is confusing. Shouldn’t it be “small suppliers”
moderndayslavery koreanpride
always get paid in thirds then not hurt feelings - terms are everything - don't be stupid
Why can’t there be a fine with interest added for companies paying late?
It is a big issue
Back in the 1970s and 80s the worst payer was Federal Government. How are governments today?