Where are Europe's most financially resilient consumers?

Articles

European companies spend 73 days chasing debt in 2024

A significant burden for European businesses, late payments consume an average of 73 business days. This article explores the variations in time lost across different countries, highlighting the ongoing challenges of managing receivables in the current economic landscape.

Debt collection

Payment trends

Europe's €275bn problem

The time that businesses spend chasing late invoices and negotiating payment terms soon adds up. According to our 2023 survey data, the average European business spends around 10-and-a-half hours each week chasing customers for payment. This is costing Europe a quarter of a trillion euros a year.

Debt collection

Payment trends

Debt collection made efficient

Articles

European companies spend 73 days chasing debt in 2024

Europe's €275bn problem