The Know-it Blog

The Know-it Blog

The Know-it team

Dec 29, 2020

Know-it 2024 Roundup

2024 has been a busy and successful year for the team at Know-it.  We’ve attended events across the UK, grown our company head count and celebrated many occasions and milestones.  This is in addition to platform updates, a record number of sign-ups and internal system advances. 

Here’s some highlights from our year!

Know-it November Roundup

Welcome to the month of November! The dark nights are upon us and now that Halloween is over, it seems acceptable to mention Christmas?

In October we have been busy developing our internal systems to make communication with our customers even better, as well as improvements to the Know-it platform!

What Are My Options If My Customer Refuses to Pay?

As a business owner or finance professional, one of the most frustrating situations you can encounter is a customer who refuses to pay their invoice. Whether it’s due to cash flow issues, a dispute over the goods or services provided, or just plain unwillingness to settle, unpaid invoices can significantly impact your business’s cash flow and bottom line. 

So, what are your options when a customer refuses to pay? In this post, we’ll explore the various steps you can take to recover the debt and improve your credit control processes moving forward.

Know-it October Roundup

Welcome to the month of November! The dark nights are upon us and now that Halloween is over, it seems acceptable to mention Christmas?

In October we have been busy developing our internal systems to make communication with our customers even better, as well as improvements to the Know-it platform!

How Can I Recover an International Debt?

Recovering commercial debts globally can be a complex and challenging process, requiring careful planning and strategic execution. International debt recovery involves navigating different legal systems, languages and currencies which can make the task daunting for businesses operating across borders. However, with the right approach and assistance, it is possible to successfully recover international debts.

When To Send a Letter Before Action? A Comprehensive Guide, Plus FREE Template!

Dealing with a customer who has gone into liquidation or closed their business while owing you money is one of the most challenging situations a business can face. Unfortunately, it’s not uncommon, and the consequences can be severe—impacting your cash flow, profitability, and even the overall sustainability of your business. However, with the right strategies in place, you can minimise the risk of finding yourself in this difficult position.

The best approach to recover unpaid invoices: Legal action vs pre litigation debt recovery

Dealing with a customer who has gone into liquidation or closed their business while owing you money is one of the most challenging situations a business can face. Unfortunately, it’s not uncommon, and the consequences can be severe—impacting your cash flow, profitability, and even the overall sustainability of your business. However, with the right strategies in place, you can minimise the risk of finding yourself in this difficult position.

How to Avoid Losing Money to Customer Liquidation: Tips and Advice

Dealing with a customer who has gone into liquidation or closed their business while owing you money is one of the most challenging situations a business can face. Unfortunately, it’s not uncommon, and the consequences can be severe—impacting your cash flow, profitability, and even the overall sustainability of your business. However, with the right strategies in place, you can minimise the risk of finding yourself in this difficult position.

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