PYMNTS-MonitorEdge-May-2024

payment terms

Payment terms are the conditions under which a vendor completes a sale. Review these payment term examples for further explanation. Terms are setup by the merchant for processing and usually states returns as well.

In Sierra Leone, Late Payments Lay Waste To SMBs
In Sierra Leone, Late Payments Lay Waste To SMBs
May 13, 2019  |  B2B Payments

Sierra Leone is showing the impact of late payments, where a significant number of smaller firms have been forced to shutter operations. In the U.K.,...

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The Pitfalls Of Unsustainable Supplier Payment Terms
The Pitfalls Of Unsustainable Supplier Payment Terms
May 02, 2019  |  B2B Payments

Lengthening payment terms between corporate buyers and suppliers have built up a bad reputation in the B2B space — thanks, in part, to payment practices...

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Resolve Shakes Up B2B POS Payments
Resolve Shakes Up B2B POS Payments
April 23, 2019  |  B2B Payments

The idea started in the B2C world, but it wasn’t long before online sellers were asking about its use for B2B — at least, according...

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Legislation Bows To Curb US Government Late Payments
Legislation Bows To Curb US Government Late Payments
April 22, 2019  |  B2B Payments

In the wake of the government shutdown, several U.S. lawmakers unveil legislation aimed at getting government contractors paid in a timely manner. In addition, Canada struggles...

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UK Tries Another Late Payments Tactic With Stoplight System
UK Tries Another Late Payments Tactic With Stoplight System
January 07, 2019  |  B2B Payments

The U.K. is launching a traffic-light warning system to spotlight large companies that fail to pay their suppliers on time. The Sunday Times reported that...

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UK Late Pay Epidemic Looms Over Xmas Season
UK Late Pay Epidemic Looms Over Xmas Season
December 17, 2018  |  B2B Payments

The U.K. seems to be the epicenter of the late payments epidemic, and new stats bear out the cost to the tune of billions of...

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Tesla Suppliers Worry About Financial Risk   
Tesla Suppliers Worry About Financial Risk  
August 21, 2018  |  B2B Payments

The Tesla saga may have a ripple effect — up and down the supply chain. The Wall Street Journal (WSJ) reported that the automaker has had number of speed...

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Corporates May Be Approaching AP Automation All Wrong
Corporates May Be Approaching AP Automation All Wrong
July 26, 2018  |  B2B Payments

Perhaps the biggest takeaway from Hyland and Statista‘s new accounts payable (AP) report is that, frankly, there isn’t much new to be said about AP...

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Coupa: Moving CFOs Beyond Silos And Spreadsheets
Coupa: Moving CFOs Beyond Silos And Spreadsheets
May 16, 2018  |  Innovation

The role of the CFO is becoming a bit more fluid in an age of increasing regulation. The evolution is tied to data, and data...

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