| The UKâs Prompt Payment Code Sees Laggards In the U.K., mandates to get larger firms to pay smaller suppliers and contractors with speed seem to be hitting some speed bumps. In Scotland, a trade group urges the protection of funds slated to pay contractors. In Illinois, legislation aims to pay suppliers on capital projects within shorter time frames. |
| Hiring Pains, Revenue Optimism Hit Small Business Week In honor of Small Business (SMB) Week, which begins today (May 6), PYMNTS breaks down some of the key data points from a slew of new reports on the state of the U.S. small business. Tight labor markets and lackluster bank lending practices continue to plague SMBs as they prepare for a recession â but there's good news, too. |
| | Supply Chain Management | | How Contractor Risk Analysis Shifts To Look Ahead When it comes to supply chain and contractor risk management, companies must sometimes look into the past to forecast the future. Kevin Berens, Avetta chief product officer, says that organizations today demand a trend-analysis approach to mitigating contractor risk, and being able to prevent financial losses from any incident before it happens. |
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