Businesses are not altogether powerless to reduce the time in which their invoices are paid, with some creative strategies available to help bridge any gap.
‘We don’t have a lot of chasing of debt’
Shared by MyBusiness
Shared by MyBusiness
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November 29, 2019
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1 minute read
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With manybusinesses redirecting funds and sacrificing growth to fill cash flow gaps — including from invoice payment times blowing out to four months or longer — there is an onus on SMEs to implement protective strategies to keep cash coming in without alienating customers and suppliers.