Finance

Many businesses today operate a deliver now, pay in 30 days, a model which means responsible cashflow management is key for both success and survival. Each day, these same businesses face many challenges (pandemic driven or not); however, paying on time by their customers should not be one of them. In this episode, Michael sits…

Obtaining prompt payment from customers is a challenge for many business owners, and late payments present companies with many cashflow issues – hurting profitability.  High outstanding receivables leave businesses at greater risk of debt and hardship – with over 28% of companies claiming they needed to cut salaries to absorb the cashflow issues of late…

For B2B (business-to-business) transactions, efficient transfers of funds are crucial to keeping your business’s customs running smoothly. However, the default method for B2B funds transfers is the obsolete and slow bank and wires transfer methods. Traditional methods waste time, are slow and insecure.  Cashflow.io believes there should be a better solution to this. Let’s explore…

Late payments are one of the most damaging issues small-to-medium businesses (SMBs) face. Hitachi says that 60% of SMBs are affected in this way, with 35% of businesses resorting to short-term loans to stay afloat.  Sending payment requests and reminders also takes up a lot of operating time, especially if businesses are accepting a high volume of…

Late customer payments are causing annoyance and financial hardship for small-to-medium businesses (SMBs) across the globe. According to research from Hitachi, over 60% of SMBs are affected by late payments – with 35% resorting to short-term loans to stay in business.  This is leading to increasing costs as companies and freelancers have to chase payments,…