This is a series of Q & A interviews with Nicki Kinton of NK Credit Consultancy in which PPD is looking at the typical excuses that suppliers often hear when chasing late payments, and asking Nicki how best to handle them. Excuse #8 – I am unable to raise manual cheques I know cheques […]
On Monday 23rd April, a group lead by Peter Aldous MP handed in a petition to 10 Downing Street in support of an amendment to the Housing, Grants, Construction and Regeneration Act 1996 regarding the protection of retentions. In the construction industry, the practice of retentions is the withholding of money in lieu of outstanding work. In […]
This is a series of Q & A interviews with Nicki Kinton of NK Credit Consultancy in which PPD is looking at the typical excuses that suppliers often hear when chasing late payments, and asking Nicki how best to handle them. Excuse #7 – I dispute the payment What does this usually mean? That […]
This is a series of Q & A interviews with Nicki Kinton of NK Credit Consultancy in which PPD is looking at the typical excuses that suppliers often hear when chasing late payments, and asking Nicki how best to handle them. Excuse #6 – Currently in the process of switching bank accounts Really? How […]
This is a series of Q & A interviews with Nicki Kinton of NK Credit Consultancy in which PPD is looking at the typical excuses that suppliers often hear when chasing late payments, and asking Nicki how best to handle them. Excuse #5 – Cheque is in the post This sounds like a classic […]
This is a series of Q & A interviews with Nicki Kinton of NK Credit Consultancy in which PPD is looking at the typical excuses that suppliers often hear when chasing late payments, and asking Nicki how best to handle them. Excuse #4 Our payment terms have changed This seems like a mechanism used […]
This is a series of Q & A interviews with Nicki Kinton of NK Credit Consultancy in which PPD is looking at the typical excuses that suppliers often hear when chasing late payments, and asking Nicki how best to handle them. Excuse #3 Can’t afford to pay the bill This excuse seems […]
This is a series of Q & A interviews with Nicki Kinton of NK Credit Consultancy in which PPD is looking at the typical excuses that suppliers often hear when chasing late payments, and asking Nicki how best to handle them. Excuse #2: Accounts clerk only comes in once a week How often […]
Back in May last year I did some PR for the Prompt payment Directory and as part of that I ran a survey which looked at the human cost of late payment. The results were pretty startling with 29% of business owners saying they had suffered from some form of mental illness such as stress […]
This is a series of Q & A interviews with Nicki Kinton of NK Credit Consultancy in which PPD is looking at the typical excuses that suppliers often hear when chasing late payments, and asking Nicki how best to handle them. Excuse #1: Accounts are too busy How often do you hear this excuse […]
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