The UK software sector significantly outperforms the national average when it comes to payment practices, scoring 75.7 out of 100 compared to the UK's 50. That said, the wide range between the top and bottom performers highlights inconsistencies in how software firms treat their suppliers.
Regional data indicates that Wales leads the way with an average PaymentCheck score of 98.1, but that figure is based on just one company. Similarly, the North East's high average of 91.5 is based on a single firm. Scotland and Northern Ireland, with averages of 90.3 and 87.8 respectively, and a few more companies, suggest a potentially stronger trend towards better payment practices outside of England, but the sample sizes are small enough to be treated with caution.
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The UK software sector demonstrates a strong average payment score of 75.7, but the presence of companies scoring as low as 32.09 indicates a need for greater consistency and accountability in payment practices across the board.
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