Mediation - Navigating Disputes With Constructive Conflict Resolution

Commercial disputes are always an unwelcome intervention in day-to-day business for any company. Prompt settlement of invoices ensures that a business can trade effectively. When there is a default or a dispute and payments are delayed, it may seriously disrupt a company's ability to meet its own financial obligations which can have serious implications, impacting on credit rating, and reputation and can even risk the survival of the business.

Timely payment of invoices is crucial for maintaining continuous cash flow, therefore, when a dispute arises between two parties, it is imperative to resolve the issue as quickly as possible to limit the "knock-on" effect of late payment to suppliers, employees, VAT and tax authorities – just to name some of the financial responsibilities that companies are liable for.