Insights

Construction has carried late payment for decades. Long contractor chains, retention practices and certification cycles produce structural lateness that compounds down the chain. The UK Industry Benchmark shows the sector sitting clearly in the bottom quartile. Here are the interventions that actually move the needle and the ones that have not.

Accountants and bookkeepers sit on top of the work that an AP network removes. Re-keying supplier data, chasing missing details, fielding 'is this real' questions on every client. Pushing clients onto a network turns a margin-eating workload into a defensible service line, with fewer fraud incidents on the practice's watch and cleaner books across the portfolio.

Monthly accounts payable is a closing cadence, not an operating one. It misses behaviour drift mid-period, lets fraud signals age out, and turns supplier disputes into structural problems before anyone sees them. Continuous AP changes the cadence by changing the data source. Here is what it looks like in practice and the maturity ladder to get there.

Supplier trust used to live with procurement and supplier payment used to live with finance. That split is now the single largest source of operational and fraud risk in mid-market AP. Here are three operating models for 2026, the trade-offs of each, and a RACI that closes the seam without forcing a reorganisation.

PEPPOL e-invoicing is being treated as a fraud panacea in the trade press. It is not. The standard delivers machine-readable invoices and an audit trail, but it does not verify the supplier, validate bank details, or detect behavioural drift. Here are the gaps to plan into your 2027 to 2030 finance roadmap.

Open banking has reshaped account verification in accounts payable. Confirmation of Payee catches a class of fraud that used to slip through, but it leaves a behavioural gap. Here is the control stack that combines real-time verification with continuous behavioural signal to close the surface area that AI-era fraud is now exploiting.

Net 30 is a fiction at the centre of most B2B contracts. It promises a date but says nothing about whether it will be honoured. When payment behaviour becomes observable across a network, suppliers move from negotiating dates to forecasting outcomes, and the commercial moves available to both sides expand.

Late payment is not evenly distributed. The UK Industry Benchmark shows the gap between the best and worst sectors is wider than most finance leaders assume. Here is what the data says about which industries pay on time, which do not, and what your sector's position correlates with on fraud, churn and growth.

DPO and DSO mask late payment, supplier concentration and bank-detail exposure. Lift accounts payable into the board pack with a four-metric scorecard that gives a defensible read on payment behaviour, sourced from your ERP and benchmarked against industry data you do not currently own.

Most enterprise vendor masters carry 15 to 30 percent duplicate suppliers, because every buyer verifies identity from scratch. The fix is not better data cleansing. It is treating supplier identity as a portable graph, covering legal entity, bank routing, beneficial ownership, payment history and behaviour, that can be verified once and trusted across the network.