Know-it, a leading Scottish fintech, has launched on the QuickBooks App Store. Now, QuickBooks users will be able to get the Know-it app directly from the QuickBooks App Store and seamlessly connect their accounts package to the cloud-based credit management platform. The integration with QuickBooks allows users to automate the entire credit control process with company …

Cloud-based platform Know-it integrates with QuickBooks, making credit control simple Read More »

Interest rates and trading costs have been rapidly rising, while SME survival rates continue to take a hit. But when business owners need support the most, many SMEs in the UK are feeling unsupported, independent polling agency Censuswide reveals.  Seventy-two per cent of SMEs in the UK feel that their banking partners are providing limited support during …

UK SMEs Struggle Without Support, as 73% Can’t Even Secure a Meeting With Their Bank Read More »

During the most unstable economic landscape the UK has experienced in decades, the latest research unveils the extent of neglect from the banking sector towards SMEs (Small-medium sized enterprises). Independent research carried out across 500 UK SMEs found that 72% of respondents felt their banking partners are providing limited support during the current crisis. At a time …

UK SMEs ‘neglected by banking sector’ Read More »

ONE OF Scotland’s fastest growing fintechs, Know-It, has unveiled a new service in its cloud-based credit management platform designed to revolutionise the accounting industry. Founded by Lynne Darcey Quigley, the new platform service offers accountants an opportunity to grow their practice, assist more clients in minimising credit risk whilst receiving payment rapidly and provide them with …

Scottish fintech launches credit management platform to support business community Read More »

UK businesses continue to patiently wait for a change in the economic climate as pressure continues to mount – particularly on top of SMEs (small and medium-sized enterprises). The domino effect caused by rising insolvencies is that late payments also become a frequent threat.  Compulsory company liquidation rates have doubled year-on-year, further highlighting that this issue is …

The Perfect Storm: Interest Rates, Inflation & High Debtor Days To Increase UK Corporate Insolvencies Read More »

With the number of registered company insolvencies at 1,685 and 183 compulsory liquidations in April 2023 – nearly twice the number in April 2022 – the pressure on UK SME cashflow remains very real. This is according to Lynne Darcey Quigley, Founder & CEO of Know-it. “The headline figure issued by the Insolvency Service this week for April appears …

UK Company Insolvencies Will Continue Upward as Rising Interest Rates and Cost-Of-Living Crisis Puts the Squeeze on Debtor’s Funds Read More »

With the number of registered company insolvencies at 1,685 and 183 compulsory liquidations in April 2023 – nearly twice the number in April 2022 – the pressure on UK SME cashflow remains very real. This is according to Lynne Darcey Quigley, founder & CEO of Know-it. “The headline figure issued by the Insolvency Service this week for …

UK Company Insolvencies Will Continue Upward Read More »

We’ve just introduced a brand new member to the Know-it team! Welcome Clara Gobrecht, our new Customer Success Manager! Clara will be on hand to onboard new users and help businesses get the most out of the Know-it platform to help them mitigate credit risk, reduce debtor days and boost their cashflow. We sat down …

Get To “Know” Our New Customer Success Manager Read More »

In 2022, the UK averaged around 2,000 insolvencies per month, with figures continuing to rise in December. As the economic situation seems set to deteriorate further, Lynne Darcey Quigley, Founder and CEO of Know-it, explores some basic ways businesses can secure their bottom lines, and avoid contributing to insolvency statistics in the next 12 months. …

December insolvency stats cap year to forget for UK business Read More »

From new technologies to tough regulations for crypto, 2023 is already looking like a year of change for fintech. We teamed up with Edouard Billion, Managing Director at PPS, and  Lynne Darcey Quigley, CEO and Founder of Know-it, to discuss the top 10 trends transforming fintech over the next 12 months- and which motivators are driving this change.  Our roundup …

Top 10 fintech disruptions to watch out for in 2023 Read More »