Articles
Finance
Payment terms analysis for finance directors — what late payment really costs, what rights Directive 2011/7/EU gives you, and how to use the gap between DSO and the agreed term in negotiations.
Finance
What late payment really costs: interest, €40 and the cost of working capital
The cost of late payment has three parts, and two of them are rarely counted.
Read FinanceDirective 2011/7: what rights you have and why almost nobody uses them
The rights have applied automatically since 2013. What they say, where member states differ, and why there will be no new regulation.
Read FinanceDSO against the agreed term: how to measure it and what to do with it in negotiations
Overall DSO says nothing about a specific customer. How to measure the gap between the agreed and the actual term, and how to use it.
Read