Late payments research: performance and practices across business

Research looking at what causes late payments between businesses, and how this affects payment performance and practices across businesses of different sectors and sizes

Documents

Late payments research: understanding variations in payment performance and practices across business sectors and sizes (HTML executive summary)

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Late payments research: understanding variations in payment performance and practices across business sectors and sizes (PDF version)

PDF, 392 KB, 46 pages

Details

The research considers:

• what the main drivers of late payment are
• how payment practices vary between businesses in different sectors, and of different sizes
• how businesses negotiate and how standard payment terms are decided
• what payment methods businesses use
• how businesses could improve their payment behaviours
• what support could be usefully offered by government

From: Department for Business and Trade