The frustration of outstanding invoices
Do what you are good at! This is in the DNA of SMEs. Seeing and exploiting opportunities. That is what drives many entrepreneurs. It is therefore logical that unnecessary jammers or annoying blockages frustrate you. Take bad or late paid invoices from debtors. No less than 40% of SMEs suffer from this every day. A serious problem for the cash flow, which many people cannot handle at this time of the corona: “Houston, we got a problem”.
In fact, according to research by Atradius, the number of overdue invoices has increased by as much as 75% since the start of the pandemic from the previous year. This means that more than half of all invoices are now overdue. A radical dynamic that requires flexible solutions to maneuver with.
So that future-oriented ambitions can continue to be realized and you do not have to put on the brakes by others.
In this whitepaper, Togather Finance would like to tell you more about the consequences of outstanding invoices and a lack of working capital and also show you how you can take back control yourself.
Download the full paper below (in Dutch):