Here's a snapshot of payment performance within the marketing and sales sector across the two years:
The data indicates a minimal improvement in payment practices between 2021 and 2022. While the average score increased, the two-point gain suggests that fundamental changes in payment behaviors within the marketing and sales sector were not significant over this period. Businesses can use a late payment calculator to assess the potential impact of even minor delays in receivables.
One-line summary: In 2022, 80 marketing and sales companies scored an average of 71.1, a 2.0 point improvement from the 69.0 average of 82 companies in 2021.