On: January 28, 2020 | By:
Contractors have long struggled with slow payments. Management consultant PwC said in a recent report that it takes an average of 83 days for payment to reach contractors after invoicing. The uncertainty and costs of late payments impose incalculable costs and risks that are only partly limited by state lien and prompt pay laws. Until now there was little or no public airing of pay-related experiences with specific companies.
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