Yet surveys have found that 48%–87% of invoices in the U.S. are paid late, ... Start by redefining how your team views vendors. Vendors aren’t just bills to pay—they ... and vendors will notice.

Balaan claimed the following day that it had identified “errors where certain vendors were overpaid” and vowed to recalculate its payment figures by March 26 and share further details by March 28.

In a Feb. 14 letter to vendors selling to Saks Fifth Avenue, Neiman Marcus and Bergdorf Goodman, Saks CEO Marc Metrick acknowledged the retailer’s history of late payments, laid out a plan to ...

Lawmakers expressed growing concern about overdue audits, delayed vendor payments, and inconsistent financial reconciliations ...

Made Cleveland is officially closed as some vendors wait for payments, others wait for money due from six small claims court suits, and others wait to retrieve merchandise from the store.

Baltimore City Council members are planning a hearing with city school officials over the system’s recent problems with late payments to vendors. Councilmembers Robert Stokes and John Bullock… ...

Any vendor awaiting a payment is encouraged to call the accounting unit. “They’re used to taking these questions,” the director said. You can reach DOA’s Division of Accounts at (671) 475 ...