Blog post -
Five key learnings from SMEICC 2019
SMEICC was a great eye-opener for the role technology plays - and does not play - in the day-to-day workings of an SME. RIABU's Mark Laudi has the summary.
Here are the key insights we discussed:
- Singapore companies make the same rookie mistakes when venturing overseas: Minister
- Do your customers pay your invoices faster when you use a factoring service?
- You need to upskill if you want to upscale your business: Minister
- How to get paid on time when you invoice only on completion of delivery milestones
- Are you sure you don't have customers who pay you late?
- Should you go easy on chasing customers for payment during times of recession?
- Can technology resolve the late payments issue?
- How to overcome cultural barriers in discussing payment terms
- How to get your CEO's backing when talking to your customers about payment terms
- How to bring up the issue of prompt payment when your customer is in a rush?
For those who've missed us at the event, you can still sign up for our 9-week email programme at www.riabu.com/smeicc.
Click here to enroll into our free Udemy course.
Drop us an email at mark.laudi@riabu.com if you'd like to receive a copy of our white paper.
For more information on RIABU community, visit www.riabu.com.
Topics
- Business enterprise, General
Categories
- singapore economy
- smeicc
- riabu
- sme icc
- smeicc 2019