Greg Plunkett, Director, Business Information Services at Credit Plus, Inc., a leading provider of business data. He can be reached at [email protected].
The Surprising Fact About Late Payments and What to do About It
Late payments. Companies of all sizes must deal with them. It is very common for customer invoices to be paid 30 to 90 days after the commonly accepted net-30 ─ which can seriously and detrimentally affect a business’ cash flow. The fact is that cash reserves can be quickly drained when payments …
