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Late payments can cripple small businesses, Xero NZ boss says

New data reveals companies were paid on average 8.3 days late last month.

Dane Ambler Tue, 14 Aug 2018

Cloud-based accounting software provider Xero has revealed late invoice payment is an issue for New Zealand businesses, with companies using its platform paid on average 8.3 days late last month.

Xero New Zealand managing director Craig Hudson says invoices with seven-day payment terms were paid

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Contact the Writer: dane@nbr.co.nz
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Late payments can cripple small businesses, Xero NZ boss says
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