Whitepaper: Late Payment Reform

The Government’s proposed late payment reforms could mark one of the biggest changes to supplier payment practices in decades and AP/P2P leaders will be at the centre of it. From potential 60-day payment caps to stronger powers for the Small Business Commissioner, the expectations around payment governance, supplier fairness, and organisational accountability are changing rapidly.

This white paper explores: 

• the proposed legislative reforms
• the potential impact on Accounts Payable and Procure-to-Pay functions
• the changing role of AP/P2P leadership
• the wider implications for payment culture within UK organisations.