U.S., April 4 -- Daniel Ball, business development director, Wax Digital, discusses how firms can mitigate the adverse effects of the COVID-19 on small suppliers.

With Morrisons the first major UK supermarket to announce plans to pay small suppliers immediately to support them during the Coronavirus pandemic, is it time for all businesses to follow suit to help prevent those small businesses most at risk from going under?

Long before any of us had even heard about COVID-19, late invoice payments have always been a major issue for SMEs. Payment Practice Reporting Regulations and measures encouraging businesses to produce evidence of their responsible payment practices have helped control this. But despite this, The Federation of Small Bu...