New Xero report: Late payments cost small businesses $7billion a year

Summary

A new report from Xero, the global small business platform, reveals for the first time the magnitude and impact of late payments to Australian small businesses, putting the value of outstanding, late payments at $115 billion a year. The research finds that half of all trade credit invoices are paid late and that solving the […]

Tags: Australian Business, Cashflow, Invoice, Late Payments, Payments, Small Business, Small Businesses, Sme