Prompt payment and the need for electronic purchase-to-pay systems

As a supplier during economic challenging times, there’s one thing that’s worse than seeing your amount of work reduce – and that’s not being paid for work you’ve already completed. Large businesses, smaller firms and single contractors all innovate to speculate; they use the cash they earn to create new opportunities. Late payments create cash … Read more

An Inspired Web Based, Late Invoice / Debt Recovery Tool

 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

The small business late payment hall of shame

When it comes to fighting late payment, small businesses are the David in the struggle with big business Goliaths. At the Forum of Private Business, we continue to battle on behalf of small businesses against late payment by larger contractors. We champion our members on this issue and provide a collective voice for small business … Read more