The data, collected from millions of invoices across Australian Xero small businesses over the past six months, reveals that big businesses are major culprits of the cashflow gap, with one in five invoices payable by ASX 200 companies to small businesses overdue by more than 30 days. When big businesses fail to pay on time, small businesses are forced into a cashflow gap, which puts pressure on businesses that don’t have the resources to fund the gap.
Overdue invoices to big businesses fuelling the small-business cashflow gap
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