Ra mắt PayFlow - Ứng dụng sử dụng AI để dự đoán hóa đơn thanh toán trễ với độ chính xác 85%. Tự động quét Gmail, theo dõi trạng thái thanh toán và gửi thông báo nhắc nhở. #PayFlow #Freelancer #AI #ThanhToan #TrảLễ #Freelance #ArtificialIntelligence #Payment #LatePayment

https://www.reddit.com/r/SaaS/comments/1ovee0c/built_aifirst_alternative_to_quickbooks_tracking/

Llanelli MP urges action as late payments force thousands of UK firms to close

Nia Griffith, Member of Parliament for Llanelli, has called on local entrepreneurs to share their experiences with the UK Government’s consultation on late payments, warning that the practice is “suffocating small businesses” and holding back growth.

Local firms “spending too much time chasing invoices”

Speaking as the consultation opened, Dame Nia Griffith said too many small firms were being left out of pocket by larger companies failing to pay on time.

“Llanelli has many fantastic entrepreneurs and one of the most common challenges they face is that they are spending too much time chasing payments instead of being able to concentrate on growing their business,” she said.

“More than a quarter of businesses are affected by late payments each year, with 14,000 across the UK forced to close annually because of late payments. Often far larger businesses are responsible, not paying for goods or services promptly. It’s unfair, it’s suffocating small businesses in particular and it really has to stop.”

Call for tougher laws and penalties

The Labour UK Government is consulting on new legislation to strengthen protections for small businesses, including penalties for persistent late payers.

Dame Nia said she supported tougher rules to ensure invoices are paid quickly and urged Llanelli business owners to take part in the consultation.

“I support tougher laws to ensure fast payment of invoices and penalties for persistent late payers. The Labour UK Government is currently consulting on how to make those laws robust and practical and I urge business people in Llanelli affected by this to make their views heard,” she added.

What timely payments could mean for Llanelli

The Llanelli MP said prompt payments would not only ease pressure on small firms but also boost the wider economy.

“When businesses are paid on time, money flows more quickly through supply chains and into our local economy. Businesses can invest in their business rather than spending time and money chasing unpaid invoices. That means more jobs for Llanelli and the surrounding areas,” she said.

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#Business #businessPayments #chasingPayments #entrepreneur #latePayment #Llanelli #money #NiaGriffithMP #smallBusiness #UKGovernment

"Under the new legislation, businesses will have to pay their suppliers within 30 days of receiving a valid invoice, unless otherwise agreed"

*unless otherwise agreed*

That is a loophole the size of a planet. I can tell you exactly how it will work. The large company will just tell the small company that their standard payment terms are 90 days, and they will need to agree to them, or they don't get the work.

https://news.sky.com/story/companies-who-pay-suppliers-late-to-be-fined-13404320

#UKPolitics #LatePayment

Companies who pay suppliers late to be fined

Sky

RT by @EU_EISMEA: 📢Next week EBC is flying to Bilbao 🇪🇸 for the #SMEAssembly2023

Our SG will talk in the #LatePayment session next to >@EU_Growth, MEP @rozathun, @banquedefrance, @EuroCommerce & @cepyme_

More info➡️https://rb.gy/use2j5

🐦🔗: https://nitter.cz/EBC_SMEs/status/1722546938996789505#m

[2023-11-09 09:29 UTC]

SME Assembly

The SME assembly is the most significant event for small and medium-sized enterprises (SMEs) in Europe. The conference takes place once a year during the European SME week. Together with the network of SME envoys, the assembly creates the governance structure of the small business act.

Internal Market, Industry, Entrepreneurship and SMEs

The @europarl_en debate🗣️ on #SMEs + SME Union resolution stress support, as per our SME Annual Report. The @EU_Commission will respond with an SME relief package, addressing MEPs' demands for SME #latepayment rule review 🔍📜 & burden reduction.
Motion👉 https://europa.eu/!qyf8pt https://t.co/rItswZkwSZ

🐦🔗: https://n.respublicae.eu/EU_Growth/status/1679472414500040704

JOINT MOTION FOR A RESOLUTION on the state of the SME Union | RC-B9-0346/2023 | European Parliament

JOINT MOTION FOR A RESOLUTION pursuant to Rule 132(2) and (4) of the Rules of Procedure replacing the following motions: B9-0346/2023 (PPE) B9-0347/2023 (Renew) B9-0348/2023 (S&D) B9-0349/2023 (ECR) on the state of the SME Union (2023/2750(RSP)) Christian Ehler, Markus Ferber, Jens Gieseke, Markus Pieper, Ivan Štefanec, Henna Virkkunen on behalf of the PPE Group Alex Agius Saliba, Dan Nica on behalf of the S&D Group Martina Dlabajová on behalf of the Renew Group Evžen Tošenovský, Johan Van Overtveldt on behalf of the ECR Group

💶#LatePayment can start a negative spiral and cause snowball effects in supply chains of all 🇪🇺 countries.
▶️A crucial time to discuss #EUlatepayments, especially for #SMEs
Spokesperson @_MiraMaria_ Danisman opening event with members of @SMEunited, @confartigianato and @PIMEC https://t.co/XwCImHowWD

🐦🔗: https://n.respublicae.eu/employers_EESC/status/1675851910354436096

💥 Attention #SmallBusiness owners! 💥

Late payments got you down?

😫 FSB's recent report reveals that a whopping 52% of UK small businesses faced #latepayment issues in 2022. 💔

But fear not! 🛡️ Discover the ultimate solution to protect your business: Credit Insurance! 🌟 Say goodbye to cash flow worries and hello to financial security. 💰✅

#CreditInsurance #SmallBizSolutions #BusinessSuccess

https://fsb-insurance-service.com/fsb-insurance-service-blog/3-cases-when-trade-credit-insurance-might-be-right-for-you/

Credit Insurance, Right For You?

We thought it might be a good time to show you some cases where Credit Insurance has helped small businesses just like yours.

📢6 out of every 10 🇪🇺companies are not paid in time for their goods or services.

Are you among those 6? Then help us change that!

Give us your input🗣️ so we can improve rules⤵️
https://ec.europa.eu/eusurvey/runner/sme_panel_late_payment_revision

#LatePayment #EUHaveYourSay

🐦🔗: https://n.respublicae.eu/EU_Growth/status/1637754141438013441

EUSurvey - Survey unavailable

⏰V 🇪🇺je vsako sekundo izdanih 500 računov, od katerih kar 300 ne bo plačanih pravočasno.💶 To močno vpliva na delovanje malih & srednje velikih podjetij. #SMEs

Kako to spremeniti? Povejte svoje mnenje na #EUhaveYourSay👉https://ec.europa.eu/eusurvey/runner/sme_panel_late_payment_revision

#LatePayment #EUwithSMEs

🐦🔗: https://n.respublicae.eu/EKvSloveniji/status/1635585138892390400

EUSurvey - Survey unavailable