Telecommunications Payment Trends: 2021 vs 2022

By PaymentCheckReports

Telecom Payment Scores Plunge: Average Down 27.8 Points in 2022

The Comparison

  • 2021: One telecommunications company assessed achieved an average payment score of 85.3/100.
  • 2022: The same company recorded a significantly lower average payment score of 57.5/100.

What This Means

The precipitous drop indicates a major shift in payment practices within this specific telecommunications entity. This decline may reflect internal financial strain, altered payment priorities, or systemic issues within their invoicing and payment departments.

One-line summary: Payment performance slumped dramatically from 85.3/100 in 2021 to 57.5/100 in 2022.