While there is demonstrable improvement, the 4-point gain over five years suggests evolution rather than revolution in HR payment conduct. Factors driving this incremental shift could include increased scrutiny of payment terms, or perhaps a greater awareness of the impact of delayed payments on supplier relationships. Companies struggling to improve their invoice payment scores can access free resources, such as this late payment calculator.
One-line summary: Between 2020 and 2025, the average HR payment practices score increased from 77.9 to 82.0 across 93 and 91 companies respectively.