This practice disrupts the operational vitality of SMEs and causes invariable damage to the economy in the long run.
Cash flow, the lifeblood of SMEs, is severely impacted when payments are delayed.
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Paying SMEs on time is not just a matter of financial importance; it is an ethical imperative.
When large corporations prioritise timely payments, they contribute to a fair and equitable business environment.
Improving the cash flow of SMEs will, in turn, remove barriers to growth for these companies.
With this, its time for corporations to work harder to support SMEs.
