To ensure all departments in a company are aligned in their cash collection approach, leadership from the top is critical, says Yati Omar, director of finance at a manufacturing corporation. Without such leadership, solutions such as outsourcing cash collection will not make up for the lack of a cohesive company culture regarding receivables. Check out this advice and more in her conversation with RIABU's Simon Littlewood.
Get more tips on effective cash flow management from our book, Let The Cash Flow. To find out more about how RIABU helps small businesses get paid on time, visit RIABU.com
Often times, people start a small business with full excitement, but they miss to set up an invoicing process to help them get paid on time, which later leads to cash flow problems.
Tim Charlton, managing director of Charlton Media Group, discusses the outlook for inflation, interest rates, and other factors that may increase insolvency pressures for SMEs, and how getting cash flow manageme
As the world prepares to enter 2022, one question is on the minds of business owners all over the world — will interest rates rise next year? As is usually the case with such questions, the answer will likely vary, depending on where you are and whether your country’s central bank believes that inflationary pressures are controllable. In the United States, for instance, the Federal Reserve rec