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See no bill, pay no bill: the ERP “black gap” fuelling late funds

2 August 2023 by clitheroe

By Stephen Carter, Good Procurement Evangelist, Ivalua Late funds proceed to make a critical dent within the financial system, costing UK companies £27 billion annually. However the impression of late funds is far-reaching, resulting in stalled cashflow and manufacturing, provide chain disruption, and broken relationships. The truth is, analysis reveals that 59% of UK companies reported suppliers have ended … [Read more…]

Posted in: Business Tagged: black, ERP, fuelling, hole, invoice, late, pay, payments

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