Delayed payments shouldn't be a strategy—but for many corporations, 60- to 120-day terms have become standard practice. In this episode, Chuck & Andrew examine how "interest-free loans" from vendors distort cash flow, inflate prices, and erode trust across supply chains.
Key points you'll hear:
From 30 to 90+ days: how payment terms crept up and what it really costs both sides.
"No P.O., No Dinero": the administrative maze that slows down innovation and strains relationships.
Financial ripple effects: debt, staffing risk, and price hikes vendors use to survive long cycles.
Mindful business playbook: transparent negotiations, tiered pricing for prompt pay, and shared KPIs that align finance with values.
Accountability in action: public watch-lists like the UK's Good Business Pay initiative and why naming (not shaming) drives reform.
Whether you manage procurement, run a service firm, or simply care about sustainable business, this conversation delivers clear-eyed insights and actionable steps to ensure everyone—not just the balance sheet—wins.
Links & Resources
GoodBusinessPay late-payment watch-list: https://goodbusinesspay.com
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For more insights and resources, visit https://mindfulbusinessalliance.com/humanize-the-workplace-podcast/
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