Cash is king: payment options to bring cash into your business faster

Summary

Cashflow remains a key priority for small businesses, with Dun & Bradstreet’s latest trade payment survey showing payment terms have reached three-year highs, with the average time it takes a debtor to pay a bill jumping more than five days in the first quarter of 2011. With cashflow back on the agenda, there’s evidence more businesses are reviewing their payment options to bring cash into the business faster.

Tags: BPay, Business Cashflow, Cashflow, Creditors, Debtors, EFTPOS, improving cashflow