European businesses set to manage multi-faceted challenges

Intrum’s yearly European Payment Report (EPR)*, a survey of 11,000 companies across 29 European countries, shows that businesses are expecting late payments to grow significantly in the coming months, following the rising inflation and interest rates. Close to 8 in 10 companies say that strengthening their liquidity and cash flow is a top priority during 2022.

The 24th edition of the EPR, published today, clearly illustrates the multi-faceted challenges that Europeans businesses are set to manage.

Europe is perhaps going through an eventful and challenging period. Today, companies face unprecedented disruption and uncertainty, adding to the pressure on businesses that still seek to recover from the Covid years. Against a backdrop of inflation, increasing interest rates and regulation, companies are expecting a jump in late payments as well as raised barriers to growth during the remainder of 2022. Securing a sound cash flow is a top priority for a majority of the surveyed businesses.