The average wait for invoice payments can be as high as 60 days for the accounting industry, a statistic which highlights the need to improve the…
Research suggests that UK businesses averagely spend four hours per week chasing up late payments. With a credit control policy in place, you make your debtor management more effective and reduce this chasing time.
If you are using Xero for accounting you are probably already aware of the benefits of using a cloud-based system to take care of company finances. What you may not know is…
Research suggests that 82% of business failures are caused by poor cashflow management. Improve your credit control procedures in six steps.
Spencer Craig tells the story of Pure and how he went from being self-funded to attracting a £6.8m investment from Whitbread.
As we are well and truly into the silly season, we’d thought we’d get a little silly ourselves with some accounting-themed bad Christmas jokes. Enjoy!
More sales, more customers, more profits. All retailers would like more. The trick is deciding what to focus on and what retail metrics will help you get there.
Whether they realise it or not, most businesses engage in some form of credit control. Brush up on the basics and read our three minute refresher.
How much time, and therefore money, are you or your clients wasting per day still doing things manually? Sound familiar? Then maybe it’s time to upgrade.