Tags: Cash Flow

Sage invests in Sage Pay

Sage has announced a partnership with Liberis to offer customers flexible financing for the first time under a banner of Sage Pay Business Finance. The announcement comes shortly after Sage completed its internal review to assess the future of its payments division. That culminated in the decision to sell off the US payment arm and…

Profitability tips for your PSO

“Remind people that profit is the difference between revenue and expense. This makes you look smart.” – Scott Adams Reducing costs and increasing revenues are the simplest way to increase profitability. There is however a third way of doing so. Every Professional Service Organisation (PSO), in fact every organisation should also strive to improve efficiency.…

Xero helps SMBs turn on tap to let cash flow

Xero has announced integrations with three different financing firms. The news comes at a time when small business are finding the tap for loans is starting to open up. Biz2Credit revealed that the banks are increasing loan approvals, up to 24.1% in February 2017 (2016:22.8%). The new integrations include two companies that offer invoice financing,…

Starting up a business: Avoid the common mistakes

I set up my business in 2009 and now I am 7 years in and growing strong, but I made many mistakes along the way. The secret to success was accepting this and learning from those mistakes. The road to success has not been smooth for me, but having survived I can now share the…

Late payments harm SME’s

Xero recently carried out research among 517 small businesses in South Africa and revealed the impact of late payments on them. The research was carried out by Frontline Market Research, but similar results are seen in most other countries one suspects. Almost 50% of UK SME’s are paid late according to Bacs Payment Schemes Limited. The…

Infor MFS get facelift for mobile

Infor has released the latest version of Infor Mobility for Field Service (Infor MFS). Version 15.6.2 includes two significant enhancements according to Henrik Billgren, SVP Product Developent at Infor: “Now it is off-line and multi device using modern H5 responsive.“ The use of HTML5 in the design by Hook and Loop, the Infor design agency, brings the…

Kashoo brings credit cards to SME

Kashoo has announced that it has integrated an option for its users to be paid direct by credit card as soon as their customers receive their invoice. Delivered through a partnership with BluePay the new service was announced in a blog by Donna Ataman, product manager at Kashoo. While Bluepay already supports ERP solutions like…

Innovative approach to SME cash flow

SME’s suffer disproportionately from not being paid on time. Ironically, money to SME’s tends to end up in the economy faster than money to large enterprises. The University of Warwick has come up with an approach which it claims will speed up payments and ensure that cash flow is protected. The solution is called Funding…