Blog post -
Half of regulated UK supermarkets not keen on signing payment code
Only 6 of of the 12 UK major supermarkets signed up for the prompt payment code.
However, despite the other half of UK supermarkets not signing up for the payment code, payments seem to have improved from the major industry players to their suppliers.
But what is stopping these major supermarket from signing up?
In this podcast, RIABU's Simon Littlewood and Mark Laudi will take you through the pros and cons of signing the payment code as well as the terms that should be included in the invoices.
Click here to listen to the full podcast.
RIABU helps companies of all sizes – but especially SMEs – be first in line to get paid. We provide you with insights into the past payment conduct of prospects and customers, and how long they are likely to take to pay their invoices, based on the experiences of other suppliers. RIABU also helps you to get paid on time in the future, by giving you access to the RIABU Academy. There you can find expert advice, best practice guides, and peer forums to improve your policies and processes and ensure you get paid faster.