December – a time for fun, festivities and finances. If you’re an accountant, that is. It’s not only the best time of year for mince pies, mulled wine and miles of receipts, it’s also the perfect opportunity to give your client relationships a welcome boost. Curious to find out how to do this, prep for […]
We caught up with commercial finance broker, Carole Roe to discuss finance during the pandemic and why it’s vital to fully understand the needs of a business to provide them with the right funding options. Tell me a bit about who you are, your business and your background I’m a Scot who moved down to […]
Satago is pleased to announce the launch of “Satago Lite”, an invoice chasing solution designed to help smaller business get paid faster. Designed to help businesses recover from the pandemic by automating their credit control process and improving their cashflow, Satago Lite is focused specifically on credit control and is suitable for sole traders and micro businesses. Satago Lite is […]
Satago is committed to helping businesses access the funds they need to ease cash flow and achieve their growth ambitions. Our Single and Full Invoice Finance options give businesses the choice of funding invoices on a flexible basis or funding all their eligible invoices at once. Here are two businesses that benefitted from Satago’s finance […]
We caught up with commercial finance broker Jimmy Chan about the challenges facing businesses this quarter, the finance products he believes will provide the best support, and his love of Manchester United. Tell me a bit about who you are, your business and your background I’m based in Manchester working with Commercial Finance Partnership. Commercial […]
Reporting might not be the sexiest part of owning a business, but it is essential for spotting trends, avoiding pitfalls and planning for the future. Most businesses are on top of the basics: sales reports, profit and loss etc. But there are some reporting metrics that businesses overlook to the detriment of their cash flow. […]
In early September, the Government announced a rise in National Insurance rates which will come into effect in April 2022. The objective is to raise £12bn a year for social care and the NHS but the choice of tax levy has proved controversial, with concerns that it will hit low-income workers hardest and squeeze small […]
We asked you how we could improve Satago. You told us you wanted more detailed data to accurately diagnose client credit control problems. So, we’ve launched a new and improved version of Portfolio Overview with updates in two key areas. Four new data points which can be used to measure the health of your clients’ […]
Weighted average days overdue (WADO) is a metric that demonstrates the average number of days your invoices are overdue, weighted by their value. WADO gives a good indication of the overall health of your debtor book. If your WADO is high, you may need to improve your debt collection process. Weighted Average Days Overdue formula […]
Satago offers a full accounts receivable automation software package that can support your business in getting paid up to 72% faster. We also offer a 2 week free trial, register here to get 2-weeks of full access to our award winning AR automation software for free. There are many areas of business where the right […]
