| In UK, Late Payments Report Finds Fault With Big Retailers Stretched payment terms got examination in the U.K., which found that some retailers, such as WHSmith and Boots, are paying suppliers only after several months have passed. In Australia, late payments mean SMBs are spending significant sums to resolve late payment disputes through formal processes. |
| Small Firms Find Tight Labor Market A Costly Challenge Adding benefits, bumping up wages, hiring recruiters â it can be an expensive challenge for small business owners in the U.S. facing the tightest labor market in years. New data from ADP, Paychex, Bank of America, Wells Fargo and others uncovers how entrepreneurs are navigating the jobs climate. |
| | Procure-to-Pay | | How Accurate, Speedy Supplier Payments Start With The PO The supply chain can be like a game of dominoes for procure-to-pay processes: if the purchase order is wrong, everything else tumbles into disarray. Tom Kieley, CEO of direct spend procurement firm SourceDay, discusses how imperative it is for buyers and suppliers to be on the same page as orders are altered and updated. Otherwise, invoices, receipts and payments won't fall into place. |
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