Tag Archives: Media2win

Why don’t Companies pay their suppliers on time?

Can you postpone paying your telephone or electricity bills by a couple of months by sweet talking your Utility providers? Would you continue working for a company that paid your salaries after you had to wait outside the accountant’s office for hours? Would you ask your kids to tell their school that their fees will be paid by their parents ‘soon’ ?

If the above sound ridiculous, why is it that Companies routinely pay their suppliers late?
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Do you eat Rice and Curry Sambhar with Chopsticks?

If you try and eat Rice and Curry Sambhar with a pair of Chopsticks, the results will be disastrous. Almost like cutting a pasting different business models across geographies… Continue reading

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