SMBs struggle to pay bills on time

By Lorna Brett · 28 July 2011 · Cashflow

SMBs struggle to pay bills on time

Small businesses face cashflow crisis

Paying bills on time is a challenge for many SMBs, with serious consequences for their financial health. Find out why two-thirds of small businesses are struggling to meet their payment obligations.

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Summary

Over two-thirds of small businesses aren’t paying bills on time, with the number of organisations paying invoices more than three months late jumping to 20 percent.

Tags: Bills, business bills, Cashflow, Christine Christian, Dun & Bradstreet, Invoices, Late Payments