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Irish firms lose 51 days a year chasing late payments – at a cost of €2.8bn

Irish businesses are spending over 51 days per year – a fifth of the working year – chasing late payments, according to the annual European Payment Report (EPR) from credit management services provider Intrum.

News 11.05.2023

Surging costs causing Irish consumers to cut back on sustainable choices

Intrum’s 2022 European Consumer Payment Report, published today (24 Nov.), paints a gloomy picture of consumers’ financial wellbeing and economic outlook. With rapidly increasing costs of living, consumers are cutting back on sustainable goods and services to manage their household finances.

News 24.11.2022

Pandemic forces firms to crack down on late payment

Today, Intrum launches the sixth edition of the European Payment Report 2021* for Ireland. With nearly half of the surveyed companies saying they are lucky to have survived 2020, many have taken the opportunity to tighten payment terms and focus on liquidity. However, most businesses admit that they rarely think about the impact of their own late payments on small firms.

News 16.06.2021

“Covid-19 has exacerbated the problem of late payment for many small and medium-sized businesses” – Eddie Nott, Ireland Managing Director, Intrum

Eddie Nott, Ireland Managing Director, Intrum, gives guidance on how to collect outstanding payments in difficult times. Intrum is a global credit management specialising in debt collection and ledger management with 10,000 employees and 80,000 clients across 25 countries.

News 14.04.2021

Intrum releases White Paper

For almost 20 years Intrum has produced Europe’s largest collection of data about consequences for businesses in regards to late or non-payments; the European Payment Report. The data is frequently used by the European Commission as well as by governments across Europe.

News 03.05.2018

Latest news

Irish firms lose 51 days a year chasing late payments – at a cost of €2.8bn

Surging costs causing Irish consumers to cut back on sustainable choices

Pandemic forces firms to crack down on late payment

“Covid-19 has exacerbated the problem of late payment for many small and medium-sized businesses” – Eddie Nott, Ireland Managing Director, Intrum

Intrum releases White Paper

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Newsroom

Latest news

Irish firms lose 51 days a year chasing late payments – at a cost of €2.8bn

Surging costs causing Irish consumers to cut back on sustainable choices

Pandemic forces firms to crack down on late payment

“Covid-19 has exacerbated the problem of late payment for many small and medium-sized businesses” – Eddie Nott, Ireland Managing Director, Intrum

Intrum releases White Paper

Start the process of becoming our client

Learn more about us

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