UK businesses confess to 'late payment' double standards

15th February 2018 – Many UK businesses are demanding speedy payments from their business customers despite not paying their own suppliers on time, research from eProcurement software company Wax Digital has shown.While 64% of senior finance managers have ‘sacked’ customers for consistent late payment and 41% have delayed paying wages, only 27% always pay their own suppliers on time and 69% admit to being frequent late payers.Over 200 executives were questioned independently by Sapio research...

Source: RealWire