September 19th, 2011 by Alex Coté
New Mexico businesses on average are the slowest at paying their invoices in the nation. According to Cortera’s monthly report on businesses accounts receivable debt past due by state for July 2011, New Mexico businesses are 23.16% past due making them the slowest in the country. New Mexico businesses have been in the top 5 [...]
September 13th, 2011 by Alex Coté
We just released our July 2011 Supply Chain Index (SCI) report, a monthly index of accounts receivable (A/R) activities covering manufacturers, distributors & wholesalers, retailers, services, and transportation companies. Measuring payment activities of approximately 200,000 businesses, the July 2011 SCI registered 6.16 days beyond terms (DBT), remaining near its record low of 5.05 in May [...]
December 10th, 2010 by Alex Coté
For the second straight month Florida businesses on average are the slowest at paying their invoices in the nation. According to Cortera’s monthly report on businesses accounts receivable debt past due by state for October 2010, Florida businesses are 24.21% past due making them the slowest in the country. On a positive note, Alaska tops [...]
November 19th, 2010 by Alex Coté
It’s not exactly the title you want to win, but Florida businesses on average are the slowest at paying their invoices in the nation. According to Cortera’s monthly report on businesses accounts receivable debt past due by state for September 2010, Florida businesses are 23.91% past due making them the slowest in the country. Michigan [...]
November 4th, 2010 by Alex Coté
Our latest Cortera Supply Chain Index (SCI) numbers are in and jumped by 13% over the prior month. While this might seem like a big jump, this typical for this time of year as we head into the holiday season and businesses tend to slow payments to help finance their expanded inventory. Still, since the [...]
July 28th, 2010 by Alex Coté
The June 2010 Cortera Supply Chain Index (SCI) remains in record low territory dropping to 6.79 days beyond terms (DBT), its second lowest level since the index was started in January 2007 and the third consecutive month below 7 days—all good news. The lower the SCI the better as business confidence rises and businesses pay [...]
July 26th, 2010 by Alex Coté
As we do each month, today, we published our latest report of small business payment activities (see chart below). After watching as the gap grew between the payment habits of large and small businesses throughout the worst periods of the recession, both indices have now converged into a tighter pattern. The SBI peaked out in [...]
March 18th, 2010 by Alex Coté
Earlier this week, CNBC (via Reuters) published what looks to be great news when it comes to embattled consumers: Major credit card companies were reporting an improvement in delinquent payments. Simply put, their clients (aka The consumer), were suddenly paying their bills at a faster clip. And while reasons other than improved personal finances were [...]
February 22nd, 2010 by Alex Coté
Visit your local chamber of commerce website and you are bound to see list of reasons to join – the benefits of membership. Among the most common cited: networking, advocacy and public policy, awareness and marketing, and of course, local credibility. And now we can add another to the list – one uniquely relevant to [...]
January 27th, 2010 by Alex Coté
Good news, Nevada. You’re no longer the poster child for delinquent payments. While it’s a bit too soon to be popping the champagne – Nevada still ranks #1 in percentage of accounts 90+ days beyond term – Oregon businesses now own the dubious distinction of leading the nation in late payments. According to our latest [...]
