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This year, a whopping 39 percent of bill payers admitted to initiating a bill payment on or after the due date. Meanwhile, business owners and administrators are left to wonder: "Is the check in the mail?" "Should I follow up again?" This simple delayed action on the payer’s part causes cash flow strain and, to put lightly, a headache.
In this presentation, we’ll share the action plan that businesses are taking to obliterate the late payment problem.