We've talked about the strengths and weaknesses of tech before, and we're doing it again because it's just that important. Many sellers of accounting software technology claim that their solutions can solve cash flow problems. Some governments also support this view.
While RIABU appreciates technologies that help companies operate more efficiently and that support growth, we believe that when you get paid late, it is because a human being (or human beings) has made a decision to pay you late. In this episode, RIABU’s Simon Littlewood and Mark Laudi explain why managing these human relationships is the real key to invoicing success. Read more about this topic here.
Why understanding your customer’s internal payment process is vital
Negotiate your contract price at acceptable profit margins
Customer intimacy is about nurturing relationships at all levels
How UK SMEs can deal with rapidly rising input costs
Borrowing money can’t solve SMEs’ cashflow problems anymore, but operational efficiencies can
If you want customers to follow payment terms, internal stakeholders need to sing from the same hymn sheet
How clear communication can get you paid on time
Payment of invoices on time benefits all stakeholders
The important link between environmental sustainability and cash flow
Outlook for SMEs in China, UK, and eastern Europe
More UK companies are going bankrupt
How to reset your customer relationships for 2022
Singapore vs Hong Kong: Which city‘s SMEs are better at getting paid on time?
Lessons for suppliers from the Evergrande saga
The true cost of late payments
Why so many businesses fail in their first year
Using technology to better your customer relationships
How to stop draggy payments
We speak to someone who actually gets paid on time!
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