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Large UK businesses pay quarter of invoices late and payment times virtually unchanged since 2018

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’).

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Quarter of large business fail to pay invoices on time

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).

United-kingdom , Terry-corby , Nick-welby , Payment-practices , Large-united-kingdom , Good-business-pays , Supply-chain , Egal , Inance ,

Quarter of big businesses do not pay invoices on time

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).

United-kingdom , Terry-corby , Nick-welby , Payment-practices , Large-united-kingdom , Good-business-pays , Supply-chain , Egal , Inance ,

Third of large UK companies cite tech skills shortage and legacy IT systems as key factors delaying digital transformation: UST Survey

Third of large UK companies cite tech skills shortage and legacy IT systems as key factors delaying digital transformation: UST Survey
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Third of Large UK Companies Cite Tech Skills Shortage and Legacy IT Systems as Key Factors Delaying Digital Transformation: UST Survey

Four in 10 large UK companies consider building resiliency, boosting profitability, and improving sustainability as key benefits of digital transformationNearly half (45%) believe the government

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Business News | Third of Large UK Companies Cite Tech Skills Shortage and Legacy IT Systems as Key Factors Delaying Digital Transformation: UST Survey

Get latest articles and stories on Business at LatestLY. Bengaluru (Karnataka) [India]/ New research commissioned by UST, a leading digital transformation solutions company, finds a third of large UK companies cite a lack of technical skills in-house (33%) and too many legacy IT systems in place (33%) as key factors delaying digital transformation. Another key factor raised by nearly a third of respondents was concern amongst their workforce about automation taking away jobs (31%). Business News | Third of Large UK Companies Cite Tech Skills Shortage and Legacy IT Systems as Key Factors Delaying Digital Transformation: UST Survey.

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CP Daily: Wednesday April 19, 2023 « Carbon Pulse

CP Daily: Wednesday April 19, 2023 « Carbon Pulse
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Infoline | Новость: Труну Єлизавети II на чотири дні помістили у Вестмінстерський палац

Infoline | Новость: Труну Єлизавети II на чотири дні помістили у Вестмінстерський палац
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