Late payments are a headache for suppliers, but the stats that surfaced this week suggest that the cost benefits of delaying payments are too good to pass up for corporate buyers — that or buyers themselves are struggling to pay their bills on time even if they wanted to.
Plus, new research uncovers just how vulnerable employee information is to corporate hackers, why businesses aren’t interested in moving on from checks and how millennial procurement officials are tapping into Facebook to source for their firms. All the data gets broken down below.