UK SMEs stretched further by late payments
by Jack Large
Prompt Payment Code and Duty To Report have helped create awareness but need more bite
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Payments - Receipts
Background
Collecting bills efficiently, on-time and with a minimum of bad debts is essential in any business. Bill collection, unlike collecting payments at the point of sale, involves granting the buyer credit until they have paid the invoice / the bill, so the first tasks in bill collection are to decide what… Read more about Payments - Receipts
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