Blog post -
Sisk CEO blames suppliers' incorrect invoices for delayed payments
SISK was recently kicked out of the Prompt Payment code by the Chartered Institute of Credit Management (CICM) which administers the code on behalf of the government.
However, John SISK & Son CEO Stephen Bowcott blamed their suppliers for submitting incorrect invoices which resulted in them being paid late.
Other big companies like DHL, GKN have also been suspended from the code so these companies need to come up with an action plan soon.
In this podcast, RIABU's Simon Littlewood and Mark Laudi take you through the prompt payment code and steps that these companies can adopt to get their invoices paid on time.
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.