Prompt payment big headache for small businesses

Prompt payment continues to be one of the biggest issues for small business, despite new technologies making it easier for invoices to be paid. Many small and medium-size enterprises are still not updating their systems. A CommBank survey reveals four out of five such businesses prefer to postpone adopting new technologies into their day-to-day operations as they deal with more immediate issues.

Charlie and Franks owner George Prodromou (SBS) Source: SBS