If you’re spending your early mornings and late evenings chasing payments, you’re not alone. SMEs in the UK spend 56.4 million hours a year chasing overdue payments, most of which is done after hours. And at any given time an SME has nine outstanding payments.
The phrase: “cash is oxygen” is often used to describe the small businesses, meaning they should get paid on time, all the time. But is it always the customer’s fault if payment doesn’t come on time? What can companies do to stop chasing payments?
RIABU’s Simon Littlewood and Mark Laudi talk about the need to manage your receivables and customers properly, and why if you find yourself always chasing payments, it’s always too late.
The impact of "No Deal” Brexit on working capital
Fintechs: they know all about disruption, and nothing about cash flow
When you don't get paid on time, it's YOUR fault
Pay slow, collect fast
Yes, you CAN do something about your receivables
The first mistake in trying to get your invoices paid on time is to hand it over to finance and the accountant
How to stop your clients delaying your payments until after Chinese New Year
Part 7/7: Is it possible to have a solution for late payments that did not involve borrowing money?
Part 6/7: “We would be willing to share our details about our Accounts Receivable if it means we can get our customers to pay on time”.
Part 5/7: Is RIABU an invoice exchange or a FINTECH lending money?
Part 4/7: In this episode, RIABU talks about CHANGE.
When the customer seems to deliberately delay paperwork to defer payment.
Dealing with your customer's payables team.
The RIABU meetup - payment criteria and scope creep
What happens to receivables when QE ends?
Part 3/7: RIABU reveals the common Mistakes on late payments. Press play to hear more.
Part 2/7: RIABU talks about Hospitality. Press play to hear more.
Part1/7: In this episode, RIABU talks about Distribution. Press play to hear more.
Chinese are raising tariffs on US pork, fruit and other products. What impact is it going to have on us in Asia?
Australia: RIABU Account Receivables survey results.
Create your
podcast in
minutes
It is Free
Get Creative with Pace Morby
The Everyday Millionaire
Pure Hustle Podcast
The Ramsey Show
Planet Money