Martin O'Donovan, ACT's Assistant Director, reports on changes to cross-border and domestic debit charges under SEPA.
So what's banking's view on invoice financing as a way of boosting cash flow? Ross McFarlane, director - UK sales and client relations at RBS Invoice Finance looks at how working capital can be helped with alternative invoice systems and financing.
New research by the ABFA (Asset Based Finance Association), shows that more companies are using asset based finance to enhance their working capital. Borrowing money against outstanding invoices, premises, machinery, fleet and even a brand can aid businesses. Kate Sharp, chief executive of the ABFA, talks about the growth of the industry, how it has opened the doors for firms to trade internationally and how it is helping to maintain a consistent cash flow in an otherwise turbulent time.
As banks become positively Scrooge-like in their lending policies, companies are becoming increasingly conscious of better managing their working capital. Even so, fleet transport in one form or another may be critical to business. Here John Lewis runs through the forms of financing available and their tax implications.
Many British businesses are ignorant of working capital and need to understand forecasting, cashflow and the financial supply chain. But there are solutions to both ignorance and problematic working capital. Gerry O'Kane talks to working capital expert John Mardle.
As a continuation of John Mardle's ideas here is an example of how a deeper and broader view of your supply chain may offer opportunities for boosting working capital and long-term strategic company development.
As part of our series in improving working capital to companies we have ten blunt tips from CIMA on how to assess your business and which pitfalls to avoid.
The issues facing British companies now are how to improve working capital and financial forecasting. In the coming weeks Finance Week will examine the alternative sources of financing available including factoring and asset-based lending and how to reduce days' working capital.
As more analysts push business intelligence (BI) and dissatisfaction with spreadsheets grows, William Soward, offers a step-by-step guide of moving your company to a better organised budget.