With the average SME said to be owed £30,000 in late payments, having a late payment letter template on file makes business sense. Also referred to as an outstanding payment […]
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Hidden Business Costs: What you wished you knew
When starting and running a business, having a tight rein on outgoings is a must. However, in addition to known business costs, there are a number of hidden business costs […]
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Sort Codes: A Visual Guide [Infographic]
Sort Codes or sorting codes, are a UK banking essential. These six digit number sequences help route payments correctly and are a necessity when setting up or taking Direct Debit […]
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Recurring Revenue Management: Why It Matters
Any business owner or manager understands that recurring revenue is vital to the long term stability and success of their organisation. Besides bringing in a predictable income, recurring revenue models […]
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The Real Cost of Customer Churn [Infographic]
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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