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6 out of 10 are forced to send reminders
Each month, 6 out of 10 companies send out payment reminders, which costs both time and money.
The handling of payment reminders takes up a lot of time and resources at Swedish companies. A survey of 619 small and medium enterprises shows that over 60 percent of companies are forced to send out reminders each month.
"Over 60 percent of companies are forced to send out reminders each month."
For most companies, these are single payment reminders, but for almost every third company, there are significantly more. The survey shows that it is becoming increasingly common that invoices are not paid on time, which poses problems, especially for small and medium-sized companies.
More than one in three companies that participated in the survey state that they send more than five payment reminders each month and almost 12 percent that they are forced to send more than ten reminders.