Log in

Good Business Pays partners with Intuit QuickBooks

Monday 12th February, 2024

The Good Business Pays campaign has announced a partnership with Intuit QuickBooks, to further encourage large companies to fast-track their payments to suppliers. The partnership sees both companies spread awareness and increase understanding of the problems small businesses have, which are caused by slow-paying customers.

News of the partnership comes as recent data from Intuit QuickBooks research shows that more than half (52%) of SMBs agreed they were more affected by late payments between 2022 and 2023 compared to previous years.

Research commissioned by Good Business Pays from the Centre for Economics and Business Research (CEBR) has shown that up to £60bn of additional revenue would be unlocked for small businesses if their large customers paid them on receipt of invoices, adding much needed capital to the nation’s economy as we continue to deal with rising costs and creating up to 460,000 extra jobs.

Terry Corby, Chair of Good Business Pays, commented: “Having the support of a global technology brand like Intuit QuickBooks is an exciting development for Good Business Pays and our campaign. Intuit QuickBooks has a huge number of small business customers around the world and our partnership with them will help us to get better, real-time insights into the payment issues that are hurting small businesses both in the UK and more broadly. I am hoping this partnership will lead to an expansion of the insights we bring, as well as the impact of our campaign.”

Related News

Please fill in the form below to access our exclusive Focus Week videos

Please fill in the form below to access our exclusive Focus Week videos

Please fill in the form below to access our exclusive Focus Week videos

Please fill in the form below to access our exclusive Focus Week videos

Please fill in the form below to access our exclusive Focus Week videos

Avalara

Avalara helps businesses of all sizes get tax compliance right. In partnership with leading ERP, accounting, eCommerce and other financial management system providers, Avalara delivers cloudbased compliance solutions for various transactional taxes, including sales and use, VAT, GST, excise, communications, lodging, and other indirect tax types. Headquartered in Seattle, Avalara has offices across the U.S. and around the world in Canada, the U.K., Belgium, Brazil, and India.