How can we make sure that VCSE sector organisations are confident to ask to be paid when working with organisations like the UoS – and how can we embed in UoS culture offering to pay VCSE organisations for their time? Do we need to standardise this across the UoS? How does this work in other organisations? Are there examples of it working well, and of it not working well we can learn from & build on?
Share your ideas at the PCE Hubs Winter Networking event and beyond!
Prompt payment is crucial for small organisations to keep their cash flowing. More and more organisations are dipping into their reserves, and slow payment could be the straw that leads to closure of a charity or community organisation or social enterprise. I hope this point can be raised with finance teams.
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