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Businesses Struggle to Adapt as Late Payments Surge, Tariffs Reshape Costs, Report Reveals

Billtrust’s March 31 report reveals finance leaders grappling with longer invoice cycles, rising tariff costs, and economic uncertainty. Two‑thirds of respondents say customers are paying later, prompting nearly half of firms to tighten cash handling and 70% to delay or cancel major projects. Over 75% report tariff‑driven expense hikes, with 85% deploying pricing adjustments or supply‑chain shifts. Despite these pressures, 65% plan to devote at least 10% of 2026 budgets to AI and automation, citing measurable gains in analytics and fraud prevention.