Payment Terms

SBC: Late Payments “Could Get Worse Before They Get Better”

SBC: Late Payments “Could Get Worse Before They Get Better”

The Small Business Commissioner (SBC) Liz Barclay fears the UK’s late payment crisis “could get worse before it gets better.”…
Let Your Voice Be Heard on Late Payments

Let Your Voice Be Heard on Late Payments

Fed up of clients who refuse to stick to agreed payment terms? Feel like you're being held to ransom by…
Still Time to Have Your Voice Heard On Late Payment Enforcement

Still Time to Have Your Voice Heard On Late Payment Enforcement

At Safe Collections, we’ve been banging the drum on the UK’s late payment culture for years, making the case over…
Month-Long Wait for Late Payments ‘the New Norm’ in Creative Sector

Month-Long Wait for Late Payments ‘the New Norm’ in Creative Sector

Creative agencies and freelancers are being stung by an average 27-day wait for settlement of overdue invoices, according to a…
Late Payment Charges Only Taken Up By 11% of Firms

Late Payment Charges Only Taken Up By 11% of Firms

Figures taken from a government consultation into tackling late payment culture reveal that just one in 10 businesses paid late…
Firms Failing As Statutory Payment Terms Are Ignored

Firms Failing As Statutory Payment Terms Are Ignored

New figures exposing the extent of the UK’s late payment culture have revealed that more than 100,000 companies waited an…
Politicians Demand Mandatory 30-Day Payment Terms – But Would It Work?

Politicians Demand Mandatory 30-Day Payment Terms – But Would It Work?

The rhetoric surrounding the UK’s late payments culture was ramped up another notch this week as an influential Parliamentary committee…
‘Mouths Stuffed With Gold’: But What Does the Future Hold for Public Sector Outsourcing?

‘Mouths Stuffed With Gold’: But What Does the Future Hold for Public Sector Outsourcing?

The Parliamentary report into the collapse of disgraced outsourcing giant Carillion has certainly pulled no punches. Amongst the tastiest soundbites,…
How to Issue a Credit Note

How to Issue a Credit Note

Credit Notes are essentially a negative invoice used to rectify mistakes or credit amounts raised in your sales invoice. They…
‘No Problem’ – Grocery Regulator Under Fire for Dismissing Late Payments Issue

‘No Problem’ – Grocery Regulator Under Fire for Dismissing Late Payments Issue

The Grocery Code Adjudicator (GCA) has attracted sharp criticism for claiming that there is “no evidence” that late payments by…
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