It’s a startling statistic, but recent research by Bottomline shows that 92% of financial decision-makers
admit they’ve paid suppliers late. Between them, UK small and midsized businesses (SMB) are owed more than £50 million.
In 2017, a slow-payer ethic emerged as the biggest challenge to getting paid on time. In 2018, Bottomline
explored this further and found that a surprising number of decision-makers were actively pursuing a late payment strategy to protect cashflow.
Jo Gibson started her career in the RAF, but as general manager of Bottomline‘s Small Business payment services, her current mission is to make sure SMBs are paid on time. Download the eBook to ensure you’re paid on time.