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Mind the Payment Gap: A Guide for SMEs

September 12, 2024

Late payments are more than a mere inconvenience – they’re a persistent threat to the survival of small and medium-sized businesses (SMEs) across the UK. 

When invoices are paid late, SMEs often find themselves juggling financial uncertainty that affects everything from payroll to growth opportunities.

Our latest guide, Mind the Payment Gap, explores how late payments can disrupt cash flow, destabilise operations, and even force businesses to close their doors.

Did you know that the average SME is owed between £5,000 and £20,000, according to NatWest?

We highlight the scale of this growing issue and delve into solutions to help you regain control of your finances.

From actionable steps to streamline your invoicing processes to leveraging the latest automated tools like Paycada, we provide a roadmap for strengthening your company against the late payment crisis. 

Whether you’re looking to reduce the time spent chasing invoices or secure overdue payments, download the guide now to start protecting your cash flow and future-proof your business.

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Mind the Payment Gap: A Guide for SMEs