Accountants and bookkeepers can now offer a premium credit control service to clients with Satago’s new Portfolio Overview feature. With Portfolio Overview, our practice partners can see all their clients’ debtor data in one place — including the value of their open invoices, the value of their late invoices and the risk profile of their […]
In Rishi Sunak’s recent Budget announcement, the Government pledged a series of grants, loans and schemes to help businesses recover from the pandemic. Perhaps the most forward-thinking of these is the Help to Grow scheme. What is the Help to Grow scheme? The Help to Grow scheme has been designed to help small businesses improve […]
Steve Timmis is the director of Sempar Accountancy & Tax, a firm with a broad range of 300 clients in sectors including communications, creative services, hospitality and retail. Here, Steve shares how he started offering credit control as a service to clients using Satago. The client problem and the solution Steve’s practice is client-focused; they […]
Debtor days, sometimes called days sales outstanding (DSO) are a measure of the time it takes your customers to pay you. The longer customers take to pay their invoices, the higher your business’ debtor days average will be. You can calculate your company’s debtor days average using our free calculator. But what effect do debtor […]
If you’re doing research on debtor days, you might be: Understanding how long people take to pay you is a good way to look at the health of your business. In this article, we’ll explain what debtor days are, how to calculate them and what you can do to reduce them. You can also use […]
Debtor days, sometimes known as days sales outstanding (DSO), can have a significant impact on a business’ cashflow. As an accountant, you’re always looking out for your clients’ best interests. Establishing their debtor days average is a great first step in helping them get paid faster; especially if you’re able to offer them a credit […]
Satago CFO James Hussey shares his thoughts on the Chancellor’s Budget announcement. It was with bated breath that UK businesses watched Chancellor Rishi Sunak make his Budget announcement this afternoon. After a year of borrowing not seen before in peacetime, where GDP shrank by 9.9%, it was clear that the Government was going to have […]
With news that more than half of UK firms intend to hire new staff in the next three months and Boris giving us an exit route from lockdown, it’s going to be a busy time for those in the recruitment industry. For temporary or contract recruiters in particular, this might present a cashflow challenge. Whilst […]
As a small business, there are a few reasons you might be looking for a late payment fee calculator: Many small businesses don’t realise that they can charge their customers late payment fees, and they are an underused way to get paid more quickly. In fact, you don’t even have to put it in your […]
Satago, the cash management platform that provides automated credit control, risk insight and invoice finance to SMEs and accountants, has launched in Ireland via Sage Marketplace. This launch was driven by interest in Satago’s services outside the UK and represents a strengthening of the partnership between Sage and Satago. Businesses in Ireland will now have […]
