HETAS has now signed up to The Prompt Payment Code (PPC). The Code is a voluntary code of practice for businesses, administered by the Office of the Small Business Commissioner (SBC) on behalf of BEIS. It was established in December 2008 and sets standards for payment practices between organisations of any size and their suppliers. Read More…
Tag: Prompt Payer
When debt collection fails
When debt collection fails Mark Flower from ethical debt collection recovery service Prompt Payer talks to us about the options for businesses to recover debts owed. Prompt Payer is a free benefit of HETAS registration. Prompt Payer assesses debts carefully and where appropriate tries very hard to collect the money you are owed, but when Read More…
Prompt Payer Update
Late payments are an issue for more than half (53%) of Britain’s small and medium-sized businesses (SMEs), according to new research. The total owed to British SMEs by their customers currently amounts to over £225bn, with one in five (20%) owed more than £25,000, one in ten (8%) £100,000 or more, while 1% are waiting for Read More…