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UK Businesses have lost out financially since the Brexit vote Dun & Bradstreet were commission to carry out an independent study in to how business feel they have been affected since the Brexit Vote 43% of business leaders say they have felt a negative financial impact since the Brexit vote. 37% say they have lost […]
The number of new loans to SME’s is increasing could improving Credit Management help? The Number of new loans to SMEs has increased in the first quarter of 2018 There were 73,971 new loan approvals to SMEs across the UK in Q1 2018, a slight increase from 72,272 in the first quarter of 2017. The […]
You will have seen a lot of information relating to the new GDPR compliance coming into force in May. Most large businesses have had programs in place since the new year to ensure they comply when the time comes. Businesses have set up their internal processes to ensure data is mapped and privacy policies have […]
The Government has announced plans to improve the UK’s corporate governance framework to ensure the UK remains one of the best places to start and grow a business. The rules include: Directors selling companies recklessly to face tough new sanctions including fines and disqualification Creditors could have money returned to them by reversing inappropriate asset stripping […]
Book now to receive 20% early bird discount! Enhance your credit management function in 2018 by attending our highly effective credit management training courses; running in Liverpool and Manchester, June 2018. Improving Collection Performance We can improve your company’s cash flow by training delegates on collection strategy and techniques on how to negotiate payment effectively. Book now! […]
Figures released in 2017 by the Registry Trust have shown that Businesses in England and Wales faced the first rise in CCJ in 8 years. There are a number of ways you can help to protect your business from becoming one of the statics and good processes and procedures for credit management is one of […]
During the recent weeks we have seen the issues with Carillion affect a large number of sub contractors and small business. It is commonly known that the construction industry is one of the hardest to ensure you receive payment on time as there are such a lot of variable factors that can delay payment. Recent […]
Back in July we gave you some information about the changes in Pre-Action protocol coming into effect in October 2017. We wanted to do a follow up to keep you informed of the changes and the tools we have developed to make sure you are compliant. The changes in the Protocol affects all businesses extending […]
We have recently seen an article detailing the new plans for bringing the current court system up to the 21st century. The main points of the article highlight the need to enable people to do as much digitally as possible. This will not only free up time of the court itself but prove much more […]
Our top credit management questions in April Here are April’s top credit management questions that we have been asked by customers and contacts. A customer has offered to pay £250 of a £500 debt in full and final settlement, what does this mean? If your customer proposes to pay an amount in full and final […]