Late payments create unnecessary financial stress, and a Sage survey shows that one in ten small business invoices are paid late, and of those late invoices up to 10% of payments are either never paid or written off as bad debt. Part of the problem is that customers aren’t aware of the consequences of not paying a small business supplier on time. The fallout from late payments can be devastating as many small businesses simply don’t have the luxury of being able to absorb these costs. While payments can be delayed for any number of reasons, one surefire way to reduce the likelihood of late payments is to ensure your invoices are sent on time, are accurate, and contain all the relevant information needed. The following pages contain seven tips to help you get your invoices paid faster.