Tag Archive for Liquid cash flow

UK SMEs missing out on over £250 billion of liquid cash flow

A new report from Siemens Financial Services (SFS) says that slow and late invoice payments mean SMEs in the UK are missing out on billions of pounds of liquid cash flow. A typical SME spends 130 hours a year chasing outstanding invoices, equating to a cost of £10.8 billion per year. This cost, combined with
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