Here's a year-on-year snapshot of payment practices in the Information Technology sector:
While the sample size increased marginally in 2022, the observed decline of 0.9 points suggests a slight deterioration in overall payment efficiency within the IT sector. Although a small change, this could indicate growing pressures on IT businesses to manage their cash flow effectively, potentially prompting them to utilise resources such as a late payment calculator to assess the impact of delayed payments. Whether this minor dip signifies the start of a downward trend requires further observation in subsequent years.
Summary: In 2022, 64 IT companies scored an average of 67.7/100 for payment performance, a small decrease from the 68.6/100 average achieved by 62 companies in 2021.