Australian faster payments initiative gains traction
by Graham Buck
The Australian Supplier Payment Code calls for smaller suppliers to be paid within 30 days of invoicing.
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Paying Suppliers
Background
There are three types of suppliers: high volume trading partners, regular suppliers and one-off/occasional suppliers - see figure. Each type requiring different payment solution. Types of Supplier and Payments Source: J&W Associates Copyright © 2011 Paying High Volume Partners Some large… Read more about Paying Suppliers
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