Transportation Infrastructure Payment Trends: 2020 vs 2021
Transportation Infrastructure Payment Practices Show Modest Improvement: Up 4.5 Points Between 2020 and 2021
The Comparison
- 2020: Two transportation infrastructure companies surveyed demonstrated an average payment score of 81.7 out of 100.
- 2021: The same two companies showed an improved average payment score of 86.2 out of 100.
What This Means
While the sector reflected a positive shift in payment behaviour, the 4.5-point improvement between 2020 and 2021 is relatively small, indicating only incremental progress. This suggests that while payment processes may have become slightly more efficient, persistent challenges likely remain within the sector affecting timely invoice settlement; you may find our late payment calculator useful.
One-line summary: The average payment score for two transportation infrastructure companies rose from 81.7 in 2020 to 86.2 in 2021.