According to Dynavistics, 11% of all invoices issued by SMEs are paid late, with delayed payments totaling $1.01 trillion each year. The U.S. Chamber of Commerce launched the Prompt Pay Pledge to get large companies to commit to paying small businesses in a timely manner. Once a company signs the pledge, it will receive a comprehensive Communications Toolkit and recognition in an article featured on the Prompt Pay Pledge landing page of the U.S. Chamber of Commerce. #IdeaoftheDay
Barbara Weltman
Big Ideas for Small Business, Inc.
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