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Late Payments Tracker

Late Payments A Government Hallmark In The UK — And US, Too

The U.S. government shutdown is having an impact on contractors, where invoices are going unpaid. These firms are losing hundreds of millions of dollars a day in missed or delayed payments — and smaller firms may go out of business. Across the pond, in the U.K., government is a chronic late payor, too.

Data Digest

Alternative Finance No Longer SMBs' Last Resort

Alternative finance, once viewed as the expensive last resort for small businesses (SMBs) denied by a bank loan, seems to be climbing the ranks of entrepreneurs' working capital targets. New research from Credibly and MarketInvoice show some SMBs bypass banks altogether, while accountants emerge as a new ally in AltFin adoption.

How Inefficient B2B Payments Systems Hobble Business Growth

What's often missed in the roadmap for business expansion is the need to transform back-office financial processes, Corcentric President and COO Matt Clark tells PYMNTS. He warns that failing to address inefficiencies in AP and AR can hobble their growth. Here’s why — and how to keep it from happening.

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