The Overdue Invoice Register is an initiative of Sustainability of SMEs NPC [a Non-Profit-Company] supporting SMEs to survive & thrive – by providing a shared platform to highlight the impact of overdue invoices and late payers.
Kumaran Padayachee, an entrepreneur involved in funding SMEs for 25 years and being in the engine room of the SME ecosystem – was the initiator for the Register. His intention is to provide an objective & constructive solution to a problem widely affecting SMEs – and help the overall SME community [including his SME clients] survive and then to hopefully thrive.
The Overdue Invoice Register shared platform enables SME suppliers to log a record of their overdue invoices which are unpaid by their major debtors [Corporates or Government entities].
The platform is not for complaints, but rather for taking objective action.
The listing of late payers, based on aggregated data, will hopefully be a deterrent for late payment.
Your personal & company details and specific invoice level details will not be exposed – the late payer listings are based on aggregation of de-identified data i.e. your specific info is never listed.
