It is unfortunate that UK Limited companies are struggling even more due to late payment of invoices for work which they have completed. It is a practice which has been going on for many years but only in recent years has it exploded into acceptable commercial practice. It is used to fund cash flow for … Read more
DUE2PAY is a web site aimed at bringing common sense back to the problem of late invoice payments. It tackles debt recovery in a new way. Late payment of invoices is now regarded as an acceptable practice for late payers.In some instances it is a last ditch attempt to save a failing business, in others it … Read more
As the effects of the recession continue, the high number of business bankruptcies across the world does not seem to slow down. This can be put down to the reasons putting companies into bankruptcy. These factors are tight credit and low sales which can hang around even when the economy shows signs of recovery. Thousands … Read more
Late Payers say it is accepted practice …… Late payers have over the years paid bills when it has suited them. Without being challenged, many of us are guilty of this and it has grown into accepted practice. In the current economic downturn, it is common for big companies to delay payments to smaller suppliers … Read more