Payment Practices in Data Sector Improve, but Marginally: Average Score Up 3.1 Points

The Comparison

Here's a snapshot of payment performance in the data sector across two years:

• 2021: 61 companies assessed, achieving an average payment score of 71.3 out of 100.
• 2022: 58 companies assessed, demonstrating a slight improvement to an average payment score of 74.3 out of 100.

What This Means

While the data indicates a positive trend, the overall improvement in payment practices is modest. A 3.1-point increase across a sector suggests some firms have strengthened payment processes, but doesn't signal a wholesale shift in prompt payment culture. The change from 71.3 to 74.3 is not significant enough to suggest a fundamental shift in payment behaviours.

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Summary: In the data sector, the average payment score rose marginally from 71.3 (61 companies) in 2021 to 74.3 (58 companies) in 2022.