European provider of credit and revenue management services Intrum Justitia, has today criticised Irish business for bad debt management.

Irish public authorities take longer to settle their accounts than private or business customers, according to the latest payment survey carried out by Intrum Justitia, a leading provider of credit management services.

Intrum Justitia Ireland, part of Intrum Justitia, today announced the acquisition of Legal & Trade Collections (Ireland) Limited.

ONE in five Irish businesses say overdue payments from customers are threatening their survival, according to a new survey.

Overdue payments are having a significant impact on Irish businesses cash flow with small to medium-sized enterprises particularly vulnerable to late payments.