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Customers who pay late are a problem for virtually every company. RIABU’s Simon Littlewood and Mark Laudi discuss what you can do to be first in line to get paid. Credible, authoritative, authentic. This podcast is all about VALUE.
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Tuesday May 19, 2020
Tuesday May 19, 2020
Simon J Littlewood asks RIABU’s Mark Laudi about the Pledge2Pay initiative and learns that many SMEs cannot borrow and have less than 2 months cash in hand.
With the COVID-19 circuit breaker going into its second month RIABU has launched Pledge2Pay to encourage large companies with sound balance sheets to pay SMEs in 30 days.
SMEs employ nearly 70% of Singaporeans. Many may become insolvent without further help and if they do Singapore’s unemployment is likely to soar.
What can you do to support Pledge2Pay, and why is it so important?