Payment Practices Stagnant: Commerce Model Scores Remain Flat in 2023

The Comparison

• Number of Companies Analysed: 2022 saw a sample of 221 companies assessed, compared to 216 in 2023, representing a slight decrease in the dataset size.
• Average Payment Practice Score: Both 2022 and 2023 yielded an identical average score of 62.8 out of 100, indicating no measurable improvement or decline in overall payment performance.
• Change in Score: The recorded change in average score from 2022 to 2023 was a negligible decline of 0.0 points, confirming the lack of movement.

What This Means

The data paints a clear picture of inertia: payment practices within the studied commerce models have essentially remained unchanged between 2022 and 2023, despite macroeconomic shifts. While the shrinking sample size could hint at consolidation within the sector, the constant average score highlights an industry-wide failure to evolve regarding payment efficiencies or improve late payment calculator management. The lack of progress suggests systemic issues that need to be urgently addressed.

In summary: Despite a slight decrease in the number of companies surveyed, average payment practice scores remained stagnant at 62.8/100, mirroring the results of 2022.