Tag: Risk Management

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Data Breach: The ability to act quickly after an incid...

Know. Prepare. Recover. It is still difficult to comprehend that one in five businesses of all sizes has experienced a data breach in the past two years (21%). Our latest research (carried out by consultancy company ComRes) has shown this. Damage limitation At first sight these figures may seem...

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Plug into our interactive fraud prevention benchmark...

We believe in a forward-looking approach to fraud mitigation and it is one that will prevent against financial loss, enrich customer relationships and drive...

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What is credit management and how can your business ha...

Credit management is often a juggling game. You want to be able to make sure that your debtors pay you on time but on the other hand, you don’t want to ruin relationships by continuously chasing them for payment or using the wrong methods to do this. It can...

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Don’t underestimate the start up costs you may f...

The number of businesses starting up in the UK is increasing year on year, with over 350,000 start-ups already launched this year (1), it is expected to surpass 2015’s figure of 608,110 start-ups(1). With the many advantages of being a business owner, it’s no surprise that many are looking...

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What are the challenges currently facing SMEs?...

In a rapidly changing world and volatile economy, businesses need to be aware of the challenges they are current faced with. They may not have an entourage of consultants to advise them on how to deflect these challenges but at the same time, they have the advantage of being...

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SMEs feel strain on working capital during summer mont...

Many businesses thrive on the peak of Summer sales, for others these are the months when business dips due to school holidays and families jetting off to make the most of the sun. The challenge with the decline in revenue is the effect this has on cash flow and...

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Five invoicing mistakes to avoid...

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 late payments affect their ability to meet financial obligations on time 17 per cent...

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

We're offering advice for both businesses and individuals to help them improve security and manage the risks that come with using internet-enabled products - also known as the Internet of Things...

Read More Top tips to safeguard security when plugging in to the Internet of Things
SMEs losing more than £9bn in invoice fraud...

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 fraud has cost them more than £5,000 in the last...

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