Page 3 - Payment Practices News Today

The pivot toward real-time payments is sweeping what might be the most “smokestack” of the some-stack verticals within the economy. That would be…

One in four invoices received by large businesses are paid late and there has been no improvement in the average time it takes to pay suppliers, according to analysis of UK Government data by the Chartered Institute of Procurement & Supply (‘CIPS’).

More than a quarter of invoices received by large businesses are paid late and average payment times have not improved since 2018, according to new data from the Chartered Institute of Procurement & Supply (CIPS).

More than a quarter of invoices received by large businesses are paid late and average payment times have not improved since 2018, according to new data from the Chartered Institute of Procurement & Supply (CIPS).

A swathe of major contractors are still failing to pay invoices on time, according to their own payment data. Build UK has compiled fresh

Controversial self reporting payment data shows payment times improving

In an audio interview with Staffing Industry Analysts, Tania Bowers, Global Public Policy Director of APSCo (The Association of Professional Staffing Companies) discusses a recent amendment proposed by the UK government regarding supply chain finance.

In an audio interview with Staffing Industry Analysts, Melanie Forbes, Managing Director of APSCo and the Association of Professional Staffing Companies Outsource (APSCo Outsource) discussed the recent consultation on the Reporting on Payment Practices and Performance Regulations.

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Proposed beefing up of reporting rules on supplier payments is criticised by ICAEW as failing to consider broader cultural issues.