London is the UK's economic powerhouse, home to 700,000+ self-employed workers and the largest concentration of agencies, consultancies, and freelancers in the country. From Soho creative studios to Canary Wharf financial services, the London freelance economy is vast and diverse.
But it is also where the biggest invoices go unpaid. According to the London Chamber of Commerce, London businesses face an average payment delay of 34 days, with some sectors (construction, creative) seeing delays exceeding 50 days. The value of unpaid invoices in London alone exceeds £7 billion.
PingPaid's automation ensures your invoices stay on the payment radar, even when your client's accounts payable team is overwhelmed.