Payment Practices Barometer Group

Executive summary conclusions

The global economic slowdown remained a reality at the time of this report. In an environment where insufficient liquidity was cited as the prime determinant of payment delays, the impact on businesses has been that over 30% of the survey respondents’ invoices fell overdue, placing an unwelcome strain on cash flow.

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Core results

• Overall, 30% of the total value of B2B invoices was past due
• Approximately 25% of past due invoices were paid 31- 90 days after the due date (35% in Southern Europe).
• 18% of overdue invoices in Greece and 10% in Italy were paid more than 90 days after the due date
• Insufficient funds remained the main payment obstacle

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