A new report by Credit Benchmark has highlighted the pressure of Brexit on Restaurant and Bar businesses. The report says that the UK industry has been suffering under the ‘Brexit Effect’ for some time now, with a downturn observed across both large and smaller businesses around the country. One of the hardest hit industries has…

Financial relationship management solution specialist, Rimilia has announced the opening of a new regional technical hub in Toronto, Canada. This is the second office that Rimilia has opened in the last six months as a result of continued high growth. The Toronto office will focus on Tech Services, Customer Support and AI Development to support…

UK businesses trade all year round yet more than a quarter (27.4% or £548b) of their revenue is driven by seasonal peaks according to the latest research by MarketInvoice Business Insights, the survey explores their preparedness and challenges in dealing with seasonal demand. Seasonal demand refers to peaks in business activity that correspond to various factors…

In 2018, Global Working Capital Requirement (WCR) hit its worst level since 2012 (+1 day, 70 days). The evolution of WCR indicates which businesses have improved, or in this case, deteriorated, their capacity to maintain operating cash flow and internal funding for investment according to a new study by Euler Hermes. The report focuses on Working…

CCI Credit Management (CCICM) has been voted the ‘Best Global Supplier of Recovery Services’ – following expert panel analysis by industry leaders and a poll among up to 108,000 finance magazine readers worldwide – after being the UK’s ‘Best International’ agency in 2018. CCICM is based near Porthmadog in Gwynedd, recovers hundreds of millions of…

Half of Irish firms polled (50%) do not negotiate payment terms – the highest among all European countries polled, where the average is 21% whilst companies around Europe predict increased bad debt losses, later B2B payments and higher debt risks are ahead. The findings are part of a  European Payment Report from pan-European credit management…

A new European Payment Report 2019, from European credit management services company Intrum, has indicated that an increase in bad debt losses following on from several years of decline means marking that the turning point from a recession may have already passed. Almost one-fifth of those surveyed (18 per cent) believe their country is already…

Access to financing for European small to medium-sized enterprises (SMEs) has been steadily improving as a result of the very accommodative monetary policy of the European Central Bank (ECB), which has improved credit availability and reduced interest rates. This improving access to finance has, however, made European SMEs heavily reliant on banks as an external…

Dun & Bradstreet’s 2019 Global Bankruptcy report has revealed that business failures have declined globally, despite increased economic challenges. However, with global economic challenges on the rise, most regions are forecasted to grow more slowly than in 2018, with the number of business failures forecast to increase in the coming months. Forty-nine percent (49%) of…

In the Asia Pacific region, the number of businesses taking a more strategic approach to credit management is increasing according to new research by Atradius. While global GDP growth is forecast to slow from 3.2% in 2018 to 2.7% this year, global insolvencies are expected to rise 2%.  As an integral part of the global…

1 2 3 11