Keeping Cash Flow Flowing!

In a recent report out from Dun and Bradstreet, the credit reporting agency disclosed the trend is up for businesses taking more than 90 days to settle their payables. In December, the number of invoices outstanding for greater than 90 days had increased by 20%. Oddly enough, smaller firms are actually settling their accounts more rapidly than their larger counterparts. Businesses with 5-20 employees took an average of 50 days to pay, while companies with more than 500 employees took 60 days or more.

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