We sit down with Eynat Guez, CEO of Papaya Global for an exclusive interview about leading one of the world's most successful payroll companies and most talked about Unicorns worldwide.
When it comes to managing cash, things can become a lot more complicated if a business is trading internationally, so businesses considering exporting goods for the first time should take care to plan ahead. Nick Farmer, Partner and international trading specialist at Menzies LLP, below explains the process of managing cash and the payments cycle […]
The UK, like many other nations, suffers from a serious late payments problem. Despite the introduction of the payment practices and performance reporting (PPPR) regulations last April, change has not materialised. Below Chris Robertson, UK CEO at Creditsafe, explains a few ways forward. As politicians, journalists and the business community circle around the remains of Carillion, reflecting […]
Slow internal processes and a lack of automation are among the biggest challenges for businesses when it comes to paying their suppliers on time, according to new research by Tungsten Network and the Institute of Finance and Management (IOFM). The Friction Index research found that almost half (47%) of businesses admit that at least one […]
Research from one of Britain’s banks suggests over six-and-a-half million people in the UK are wasting billions of pounds every year on regular payments that should be cancelled. Money worries are also the top source of stress for 15% of young adults. Digital banking service B’s independent research shows 1 in 8 (13%) people in […]
Payments may represent the final interaction point between retailer and consumer for a given transaction, but businesses need to think of it as the start of the customer’s next purchase journey. When money exchanges hands in-store or card payments are completed offline or online, it represents the first opportunity to ensure a customer wants to […]
Cash flow. No matter the size of the organisation, these two words are vital to the success of any business. Major PLCs and micro SMEs all rely on capital to support sustainable growth, yet still businesses of all sizes are blighted by late payments. The legal sector in particular has been cited as a key […]
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