The UK Construction Sector’s B2B Payment Practices Crumble
PYMNTS
DECEMBER 1, 2016
write off $62 billion in unpaid invoice debt as losses every year. 28) concluded that 55 percent of companies in the construction subcontracting industry feel powerless to influence the payment terms of their contracts with larger construction companies. economic health are their biggest hurdles over the next 12 months.
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