Dedicated to fostering timely payments throughout the world. Together, we can build a more ethical and sustainable global economy.
"PraeSolvo" — from Latin: prae (before) + solvo (to pay, to resolve). To resolve before the deadline.
Discover the ImpactThe Latin expression "praesolvo" means to make a payment or resolve an issue before the expected deadline. This simple act has profound consequences for the global economy.
When businesses pay on time, money circulates efficiently, small enterprises survive, jobs are protected, and communities thrive. Late payments create a domino effect of financial stress that ultimately impacts everyone.
PraeSolvo exists to champion this cause — promoting prompt payment practices worldwide and connecting initiatives that share this vision.
Timely payments create a ripple effect of positive change across economics, business, and society.
Facilitates efficient money circulation within the economy, driving prosperity at every level.
Helps maintain economic stability and prevent business failures caused by cash flow crises.
Ensures smooth financial transactions across borders, strengthening international commerce.
Reduces volatility by ensuring businesses have the funds they need to operate.
Prompt business payments lead to more timely tax payments and stronger public services.
Helps balance economic scales by ensuring smaller entities receive their dues on time.
Strengthens overall economic confidence at international levels.
Critical for maintaining daily operations and keeping business running smoothly.
Decreases the need for overdrafts and loans, reducing interest costs and financial risk.
Leads to better terms, discounts, and stronger long-term partnerships.
Companies known for financial reliability attract more investors and capital.
Minimizes operational disruptions caused by financial bottlenecks.
Financial health enables investment in new technologies and growth opportunities.
Allows firms to respond swiftly to market opportunities and stay ahead.
Essential for long-term cooperation and building lasting business relationships.
Reflects a commitment to high ethical standards in business conduct.
Critical for the survival and growth of small businesses and startups.
Businesses seen as reliable and ethical gain community trust and loyalty.
Reliable payments improve overall service delivery to customers.
Encourages adherence to fair and transparent business practices globally.
Open financial practices lead to greater transparency and accountability.
Countries around the world are taking action to promote timely payments.
Australian Supplier Payment Code — encouraging timely payment to suppliers.
Learn more →Prompt Payment Policy — ensuring prompt payment in the construction industry.
Learn more →Charte Relations Fournisseurs et Achats Responsables — responsible supplier relations.
Learn more →Prompt Pay Pledge — encouraging companies to pay small business suppliers promptly.
Learn more →Together, we can make timely payments the global standard.
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