Small Business Commissioner Liz Barclay was one of the speakers at the International Debt Collection Network, TCM Group event in London on Friday 9th May.
Liz, pictured with US2U Consulting CEO Rachel Blackburn, has been passionate about improving the late payment situation for businesses for a number of years and whilst the situation appears to be improving, she cited big company lack of awareness of the importance of prompt payment and inefficent payment processes as two of the causes.
Other speakers outlined late payment situations in France, Sweden and China. It was interesting to see the difference in approaches based on local legislation and also cultural mindset regarding what is seen to be acceptable.
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