article thumbnail

Where SMEs Stand At 2016’s Midpoint

PYMNTS

SMEs worry about unpaid invoices , a figure released by small business accounting firm Xero last week suggests. While B2B payments practices may be improving , they’re not yet where business owners might like them to be. The worst affected area in Xero’s report was London, in which businesses spend an average of 1.5

article thumbnail

Suppliers’ Late Payments Woes Expand Across Borders

PYMNTS

too, continues its own late payments fight, with the Association of Accounting Technicians recently describing the government’s own efforts to combat late payments in the construction sector as “insufficient.” Closes In On Construction.