2022

Using Financial Planning and Analysis for Competitive Advantage

Using Financial Planning and Analysis for Competitive Advantage

Things change rapidly in business. And as we’ve recently seen, the impacts of changes such as the pandemic, Brexit, supply chain issues, the Ukraine war and energy surcharges have been felt by all businesses. Financial planning and analysis can help you gain a competitive advantage and stay ahead of the game. Through planning, budgeting, reporting, …

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How to Manage Recurring Revenue with Ease

How to Manage Recurring Revenue with Ease

Many companies have had great success employing recurring revenue business models. And we’ve become accustomed to using so many things this way – from streaming entertainment to beauty products and recipe boxes. And cloud computing has made the subscription model especially prevalent in the software sector, resulting in an expanding SaaS market Recurring revenue means …

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How an Agile System Can Help You Adapt to Rapid Changes

How an Agile System Can Help You Adapt to Rapid Changes

The business landscape has changed dramatically recently. On top of the impacts of Brexit and Covid, we’ve since seen other rapid changes that have impacted business performance in the UK. Companies have needed to respond quickly to handle pressures like energy surcharges, a collapsing pound and rising inflation. Having an agile system can help your …

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The 3 Main Reasons Why Businesses Don't Pay on Time and How to Overcome Them

The 3 Main Reasons Why Businesses Don’t Pay on Time (and How to Overcome Them)

One of the biggest issues for the finance department is getting its invoices paid on time. Last year, the government estimated that there were £23.4 billion worth of late invoices owed to British businesses. Late payment impacts cash flow, holds back investment, damages business relationships and threatens a company’s survival. There are three main reasons …

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