Late payments are an all-too-common problem as the economy continues to recover from the pandemic. Many companies are stretching accounts payable and using suppliers as a source of working capital, in turn delaying payments

Customers with a Days Payable Outstanding (DPO) policy may delay payments even if they are past due. Customers adopt these policies to conserve cash and reduce interest expense. It doesn’t matter what your payment terms

Late payment due to cash flow problems caused by COVID-19 have increased. The economy is recovering, but it will take time to return to pre-pandemic levels. You will have to find ways to resolve customer

A year has passed since COVID-19 was identified in the U.S. Since then it caused the largest contraction in economic activity since the 1940’s, and ushered in a new way of doing business for many

Customer AP departments are not always the reason why your payments are late. AP departments usually want to make payments on time to avoid problems with auditing, relationships and cash budgeting and forecasting. The problems