Late payments hurt more than half of Aussie firms

By David Olsen · 28 July 2010 · Cashflow

Late payments cripple Aussie businesses

More than half of Australian executives are struggling with late payments, but things might be about to get worse. Find out why payment behaviours are a ticking time bomb for cash-strapped firms.

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Summary

More than half of Australian executives are being negatively impacted by late payments even though payment behaviours improved slightly during the June quarter.

Tags: Accounts Receivable, Cashflow, Finance, GFC, Payment