5 money saving tips for SMEs
All businesses have the aim of reducing costs and chasing growth; whether your goal is to boost profits, survive in a competitive market place or become more efficient in increasing revenue. By...
What is credit management and how can your business handle…
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...
Don’t underestimate the start up costs you may face
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...
SMEs feel strain on working capital during summer months
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...
UK freelancers are increasingly struggling with late invoice payments
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...
Drop in County Court Judgements but what does this mean…
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...
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...
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...
Fraud costs UK economy £193 billion a year – equating…
New research shows fraud costs the UK economy £193 billion a year - equating to More than £6,000 lost per second every...
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...
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...
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...