American Profit Recovery

JULY 21, 2022

Our economy is changing, and you need to be ready! As the economy continues to change, here are several issues your organization needs to consider to stay healthy and maintain positive cashflow. Those food establishments that were quick to pivot and offer alternatives to inside dining most likely survived.

Collection Agencies 228

Collection Agencies Collections Agency Collections Debt collector 228

UK debt collections

NOVEMBER 29, 2021

Late payments are threatening the survival of British businesses. Uncovering the shocking impact of late payments, analysis has found that challenges with cashflow and restricted growth ambitions were the direct effects of unpaid invoices. Late Payment culture. If one is stunted, so is the other.

Collection Agencies 59

Collection Agencies Collections Agency Collections 59

American Profit Recovery

JANUARY 16, 2021

While many businesses can understand and prepare for the ups and downs of the economy, we have yet to find anybody that had a plan in place for what a pandemic could do to business. If you have not done a thorough review of every business expense you have it is not too late. Take a hard look at your business expenses.

Collection Agencies 172

Collection Agencies Collections Agency Collections 172

UK debt collections

OCTOBER 14, 2021

One of the major instigators of this is the late payments issue, which has increased by 20% from last year, to £61billion. . As the instrumental player in the UK’s economy, SME’s turnover turnover is estimated at £2.2trillion annually. Not only does it improve their growth, but the growth of the UK economy.

Collection Agencies 104

Collection Agencies Collections Agency Collections Bankruptcy 104

UK debt collections

APRIL 16, 2021

New data captured has shown that 48% of Businesses have seen an increase in late payment. The New data supplied from cloud-based credit management platform, Know-it highlights that late payments remain an ever-present challenge for business owners.

Credit Management 80

Credit Management Debtor Trade Collections 80

UK debt collections

JUNE 1, 2022

A tidal wave of unpaid invoices is causing a chain of ill effect on the economy. As recent as 2014, the Federation of Small Businesses (FSB) found that the non payment of Business debts caused the death of around 50,000 businesses alone. This represented the longest for invoice payment since September 2020.

Collection Agencies 89

Collection Agencies Collections Agency Collections Government 89

UK debt collections

JULY 16, 2020

The research conducted by Accountancy firm Moore has shown that 41 days is the average waiting time for payment. The continuing problem of payment delays would suggest that Government legislative initiatives to tackle this issue, such as the Prompt Payment Code are simply not working. This is the same as it was in 2015.

Construction 74

Construction Manufacturing Trade Government 74