Businesses taking two months to pay bills
By Frances Mao · 16 November 2011 · Cashflow
By Frances Mao · 16 November 2011 · Cashflow
Delays in bill payments are reaching crisis levels, with major implications for cash flow and the economy. Find out what's behind this alarming trend and how it's affecting businesses nationwide.
Businesses are almost two months late in paying their bills, with the national tardiness rate blowing out to an average 53 days.
Tags: Bills, business bills, Cashflow, Christine Christian, Dun & Bradstreet, Invoices, Late Payments