Legislation governing business-to-business (B2B) transactions is growing in Europe, with suppliers now legally empowered to collect interest for late payments. And governments are authorized to dictate payment terms between buyers and suppliers. The consequences are risk, cost, and working capital challenges for organizations.
Read this paper to:
- Learn about the source-to-settle regulations in Europe that impact cost and cash flow
- Find out about the top 10 root causes for late payments
- Establish your action plan to improve source-to-settle and payment performance