cash flow

Fraud costs UK economy £193 billion a year – equating...

Posted on May 25 2016 by
The annual cost of fraud in the UK could be as high as £193 billion per year, according to a new report. It dwarfs previous estimates produced by the UK Government which put the figure at around £50 billion in 2013. The...

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Five invoicing mistakes to avoid...

Posted on May 21 2016 by
48 per cent of UK’s small to medium-sized businesses are frustrated with delayed payments reaching their business bank accounts, an online survey from YouGov and ACI Worldwide has found(1). 33 per cent of respondents say...

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Top tips to safeguard security when plugging in to the Inter...

Posted on May 18 2016 by
Connected devices, smart phones or tablets, are no longer the only things with an internet connection.  There's now a vast number of other consumer products, including cars, heart monitors, and clothing, also linked to the...

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SMEs losing more than £9bn in invoice fraud...

Posted on May 13 2016 by
UK small and medium sized businesses are losing more than £9 billion from invoice fraud every year, this amounts to £1,658 per SME, research by Tungsten Network shows. Of those that have been affected, one in six firms believes...

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Fraud increases by a fifth in one year...

Posted on May 11 2016 by
The overall fraud rate during Q1-2016 continued to grow reaching 54 in 10,000 - compared to 45 in 10,000 during Q1-2015 - spurred on by fraudsters focusing their efforts on current accounts and credit cards. Our latest Fraud...

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Knowing your customers and suppliers’ can help prevent...

Posted on Apr 30 2016 by
Knowing your customers and suppliers’ financial status is important. If you give or extend credit to customers, or your operations rely heavily on a few suppliers, their cash flow and operational problems can quickly become...

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Reinvigorate and stimulate your cash flow...

Posted on Apr 16 2016 by
You’ve all heard it before, cash flow is king. Whether you’ve just set up your business or you’re an established and growing business, a constant flow of cash is key to running a successful business. With the economy being...

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SMEs Under Threat – Data breach and the true cost of p...

Posted on Apr 07 2016 by
Our third annual data breach preparedness study highlights a real lack of understanding among SMEs when it comes to quantifying the true cost of a data breach. Estimates fall critically short and would put the survival of many...

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2015 saw a record number of start-ups in Britain but the pla...

Posted on Mar 24 2016 by
2015 saw a record number of start-ups in Britain, 608,110 companies were registered with Companies House, an increase from the 2014 figure of 581,173. The figures for 2016 are on course to beat this even more with over 145,000...

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