Automated, Scalable SME Funding Now Possible Thanks to New Platform from Fintech Factris
After years of designing and programming, a replacement of Factris’ FAB (Finance Automation for Business) platform has been released simultaneously across all five of Factris’…
Invoice factoring: What is it, and how does it work?
In today’s fast-paced business world, maintaining cash flow is more critical than ever. One innovative solution for this is invoice factoring, a financial tool that…
How do you improve cash flow?
Optimizing cash flow is crucial for maintaining a healthy business. Good cash flow ensures that a company has sufficient cash to meet its financial obligations…
Recognizing and solving cash flow problems
Healthy cash flow is essential to the success of any business. It allows you to pay bills, make investments, and grow. However, cash flow problems…
What industries is factoring suitable for?
In the business world, companies continually seek methods to enhance their financial flexibility and optimize their working capital. One of the tools increasingly used to…
Payment reminder: how to make and when to send it?
Following up on outstanding invoices is crucial for maintaining a company’s healthy working capital and cash flow. An effective way to do this is to send payment reminders to…
What is DSO and how do you calculate it?
When you are managing your finances as an entrepreneur, you often come across terms that are crucial to understanding the health of your business. One…
What is an invoice and what are the requirements?
Invoicing is an essential part of any business, regardless of size or industry. An invoice is an official document that confirms the sale of goods…
Shortening invoice payment periods
As a company, when you send or receive invoices, they must be paid within a specified number of days. A statutory payment term applies here. However,…