Customer churn doesn’t discriminate. Regardless of company size or sector, the rate at which an organisation loses business, subscribers or recurring revenue matters. In fact, it matters a lot. Customer […]
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Payment Trends to Watch in 2020
In the world of payments, it’s true that nothing stays the same for long. Innovations in technology, increasing customer demands and complying with new regulatory requirements keep merchants and those […]
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Cash Flow: What is it, How does it work and Why is Direct Debit the way forward?
Good cash flow is a business necessity. It really is that simple – according to one recent study, 82% of small businesses fail due to poor cash flow management. That’s […]
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No More Late Payments: How to get your Customers to actually Pay you
Late payments cost businesses. Aside from being a source of frustration, missing or delayed payments can seriously threaten cash flow. Latest estimates suggest that nearly half of SMEs are running […]
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How to Scale your Business with Direct Debit
Ask any business owner what their plans are for the coming year and the answer will be an inevitable “to grow”. But increasing the gap between money in and expenses […]
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Why your business needs Direct Debit [Infographic]
A Direct Debit is an automated payment method. As a safe and reliable form of collection, businesses from Start-ups through to SMEs and Large enterprises rely upon Direct Debit to […]
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5 Tips to Help Your Cash Collection Process Run More Efficiently
Your dream when you set up your business was to be dynamic, exciting, well-organised and profitable. Instead, if you’ve noticed that your time, or that of your staff, is predominantly […]
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How FastPay Helped A Subscription Company Secure Their Cash Flow
The subscription sector has grown by an impressive 200% since 2011. But despite this boom, like any other business, subscription service companies aren’t immune to failure. Indeed, the number of […]
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How to Calculate Cash Flow: A Startup Guide
If you’re in the process of setting up a new business, such as a private healthcare practice, then one of the first things you’ll need to do is estimate your […]
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The Direct Debit Mandate: A Guide To Securing Your Cash Flow
As a business, managing your money is absolutely critical. If you’re not on top of your cash flow, credit control and expenditure, and have a contingency budget set aside […]
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