Calls to tackle late payments after Carillion crisis

The collapse of the UK’s second largest construction company has, once again, brought late payments to the top of the national news schedule.

In the wake of Carillion’s liquidation, many small firms have been left in an uncertain position – unsure if they will be paid what they are owed.

For some firms, the problem has been compounded by the Carillion group’s punishing 120-day maximum payment terms.

Xero Improve your Cashflow with Invoice Reminders
Editor | 13 November 2015
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A new feature from Xero Accounting Software has been released to help small businesses manage and improve their cashflow.
One of the most important aspects of running your own business and maximising your cash position is to collect money owed from your sales invoices as soon as you can. To help this process Xero has launched “Invoice Reminders”.