Your suppliers (and staff) need to know what you are paying

On Wednesday 16th December 2009, the UK Payments Council came to a decision regarding cheque payments, as explained in this press release. It’s important to note that the situation isn’t quite as simple as some places have reported; it’s not just a case of “cheque payments to end by 2018, full stop” – there’s slightly more to it than that; the goal is to phase out cheque payments while encouraging the use of other methods, but there’s a possibility that it might not be feasible to do so, hence the…

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