Here's a snapshot of payment performance within the Financial Services sector across 2020 and 2021:
The increase in the average payment score from 82.0 to 83.0 represents a very modest improvement in payment practices within Financial Services, despite the greater number of companies assessed; it suggests a general stabilization, or perhaps a sluggish recovery after the volatility of 2020. Whether this uptick translates to significantly reduced financial strain on smaller suppliers remains to be seen; businesses struggling with cashflow can use this late payment calculator to assess the potential impact of overdue invoices.
Financial Services: 520 companies, avg score 83.0/100 in 2021.