The Covid-19 crisis is affecting the European payments landscape - businesses facing unparalleled uncertainty
Intrum is today publishing a white paper* that confirms the negative financial impact of the Covid-19 crisis on the business outlook, the effects on the payment landscape, and financial behaviour. The survey was conducted among financial executives and business leaders in 9,980 companies across 29 European countries.Sharp drops in GDP across Europe are now pushing down revenues for businesses, restricting cash flow while increasing pressure on businesses to manage their cash and liquidity more efficiently. “Safeguarding a steady cash flow through timely payment is more important than