Survey: Poor payment practices are causing existential financial difficulties for European companies.

• Payment practices have deteriorated substantially since 2019.
• Companies are experiencing liquidity shortfalls due to late payments.
• More and more companies are outsourcing their receivables management to external partners.
• Customers are being offered a growing range of digital payment methods.

For many European companies, everything is at stake: One in five companies is at risk because of customers paying their invoices late or not paying them at all. The EOS Survey “European Payment Practices 2022”, which polled 3,200 financial executives from 16 European countries, shows just how serious the situation is.