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European Payment Report 2018

The European Payment Report 2018 provides insights from 9,607 companies across 29 countries in Europe. The report provides insights into the payment behaviours of European businesses and examines trends related to late payments, invoice payment practices, and overall financial risk. The report was published in June 2018.

Late payments impacting growth

28% of European businesses report that late payments hinder their growth, with 21% stating that delayed payments prevent them from hiring new staff. SMEs are particularly vulnerable, as they face difficulties managing their cashflow due to larger companies enforcing extended payment terms.

Regional differences in payment terms

Payment terms vary widely across Europe. On average, companies in the Northern region offer B2B clients 22 days, while in the Southern region, it stretches to 32 days. The public sector in Southern Europe continues to face the longest delays in settling invoices.

Optimism despite payment challenges

Despite ongoing issues with late payments, 62% of European companies feel optimistic about their ability to cope with delayed payments, an improvement from previous years. This optimism is particularly notable in countries like Finland and Denmark, where payment behaviours have improved.


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