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The construction industry is capable of incredible things, but companies in the sector often find themselves constrained by laborious administrative tasks.
Paying suppliers within agreed terms is increasingly important, with prompt payment now a requisite for bidding on many public sector contracts. However, the proportion of ‘late’ payment invoices...
Since the start of 2021, businesses within the construction sector have been dealing with reforms to the Prompt Payment Code.
Over the last few years, the UK government has introduced several reforms to the Prompt Payment Code - an initiative designed to speed up cash flow in UK industry. And this means that the question of...
In the past decade, we have seen a major improvement in payment terms throughout the construction supply chain.
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