News

Firm but fair - standard email templates for chasing payments
Tuesday, 12th November 2019 11:55

For a  small business, every penny counts and you will have made sure that you have a streamlined invoicing process in place. It’s true that not every business suits the proforma invoicing model, but no doubt your business stays on top of credit control and you are efficient in getting your invoices out. Perhaps you invoice on the last day of the month or you may be super-diligent in sending out invoices immediately after work has been completed (well done, you). However, we all know that this is not the end of the story. Getting that payment in on time – or even at all – can be a challenge.

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It shouldn't happen to a vet
Monday, 11th November 2019 14:02

Unpaid vets bill and outstanding accounts are very real problems for the UK veterinary industry – with animal healthcare professionals finding that their time is being spent not on developing their practice and helping sick animals but on chasing unpaid invoices from clients, often to the tune of several hundreds of pounds.

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Ten signs that you might not get paid
Tuesday, 5th November 2019 11:07

When is it time to start worrying about overdue payment from a customer? Here are 10 tell-tale signs that your customer might be struggling to settle an invoice …

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How to protect your business from the business of bad cashflow   
Monday, 4th November 2019 18:43

One in four UK companies have cited that they have been left in a vulnerable position due to late payment from customers in the last six months. When a customer goes into insolvency with unpaid invoices, it can often take other companies with it. Here we look at steps you can take to protect your business.

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September payment trends remain ‘unpredictable’ concludes CICM report.
Tuesday, 29th October 2019 14:18

Newly released payment statistics for September 2019 are a ‘mixed bag’ with Days Beyond Terms (*DBT) figures across all sectors and regions seeing an overall increase by 0.4% and 0.9 days respectively.

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Creditors move to recover £650 million from 'vulnerable' Pizza Express
Thursday, 24th October 2019 16:06

It's a worrying time for the UK's 'casual dining' sector with high street chains falling left, right and centre. Following the monumental topple of Jamie's Italian earlier in the year (the restaurant had debts in the region on £71.5m)  it looks like another high street Italian might be following suit.

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