Tag: collection strategy

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UK freelancers are increasingly struggling with late i...

UK freelancers are increasingly struggling with late invoice payments, with around half admitting they considered quitting freelance life because of the continued struggles and worries over continued late payments, according to a recent study from Ormsby Street. The survey of 1,002 freelancers and sole-traders revealed that 46 per cent...

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Drop in County Court Judgements but what does this mea...

There has been encouraging statistics to show that the number and total value of County Court Judgements (CCJs) issued against businesses in England and Wales fell sharply during the first quarter of 2016. However the specific figures for SMEs within these statistics are still a cause for worry. Not...

Read More Drop in County Court Judgements but what does this mean for SMEs?
Treat the cause of late payments, not the symptoms...

Late payments is a big problem for many organisations in the UK and its impact on those with fewer than 50 employees are typically twice as likely as large corporates. Many SMEs don’t manage or pay close enough attention to their payments until it’s too late and the payment...

Read More Treat the cause of late payments, not the symptoms
Fraud, identity and the emerging Internet of Things...

While we're not directly producing IoT “things,” we work with companies and organisations that do, to help them safeguard their customers and themselves from the impact of fra...

Read More Fraud, identity and the emerging Internet of Things
Knowing your customers and suppliers can help prevent ...

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 yours. Whether you’re about to build a new relationship or have been in business...

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Reinvigorate and stimulate your cash flow...

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 so volatile and new legislations and laws being put in...

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Renewed surge in current account fraud...

Detected fraud rate for current account applications soared last year from 73 in every 10,000 applications in January, to 156 in every 10,000 applications in December....

Read More Renewed surge in current account fraud
Millennials’ work-ethic underpinned by high expe...

The future’s bright in the eyes of Millennials with many willing to work hard, save carefully to get there and a clear idea of what they want out of life....

Read More Millennials’ work-ethic underpinned by high expectations, bold aspirations and increasing earning-power
Cash-savvy millennials out-saving their free-spending ...

New research from our Millennial Me & My Money report, reveals nearly half that (45%) of Millennials (18-34 year olds) manage to save at least a quarter of their disposable income every month - compared to just a third (34%) of their parents' generation (35-55-year-olds)....

Read More Cash-savvy millennials out-saving their free-spending parents