The cost of late payments: How cashflow struggles ripple through the economy

Late payments don’t just harm individual suppliers; they impact whole industries, slowing growth, blocking up supply chains and even impacting jobs and pay. Yet despite these wide-reaching consequences, the problem persists – 51% of suppliers report frequent late payment, with 20% experiencing delays of more than 30 days. The post The cost of late payments: How cashflow struggles ripple through the economy appeared first on SAP Taulia .