Tags: Cash Flow

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…

Pay bills from anywhere with Sage Payments

Sage has developed a new feature for Sage 50 Accounts and Sage 50 Payroll software that users to make payments to clients quickly and easily. The solution, Sage Payments is an integrated but separate application that allows users to make payments both domestically and internationally through their accounting software. Why is this better than other…

Xero improves cash flow management

Xero has introduced new billable expenses and invoice reminders to help cash flow management. Survival of UK companies in their first five years is just 41%. While many struggle to keep generating new work or to control their costs one of the biggest challenges is late payment of invoices. Quoting its own research, Xero claims…