Dec 29, 2020
It’s been another busy month at Know-it! We are excited to welcome a new team member and receive a fabulous award! Read all about October with us and the exciting things that have been going on in the October round up blog! Phil Hobden – Head of Growth and Strategy Know-it are excited to announce …
Know-it, the all-in-one credit control solution, is making waves once again with the release of our new mobile app. Now users will receive live credit management updates via the app so you are always kept in the know. The app will notify users for things such as changes to a customer’s credit report, alerts to …
Automated Credit Control Platform Know-it Goes Mobile With A Brand New App Read More »
The Know-it team is growing, and we are pleased to welcome Phil Hobden as Head of Growth and Strategy! We are very excited to have Phil join us and we asked Phil some questions about why he decided to be a Know-it-all. Here’s what he had to say: Honestly, it’s a combination of factors – …
As always, team Know-it have had another busy month. In September, we attended Accountex North, and are still on a high after the mission to Australia at the end of August. Here’s a wrap up of everything we’ve been up to! Australia Mission Success Due to the success of the Know-it platform in the UK, …
Cashflow is the lifeblood of any business, serving as the fuel that keeps operations running smoothly. It is the net amount of cash and cash equivalents flowing into and out of a business during a specific period. While it may seem like a straightforward concept, many businesses often overlook the significance of cashflow management. In …
International debt recovery can be a challenging process for businesses. It requires careful planning, effective communication, and a clear understanding of the legal and cultural nuances of the countries involved. This guide provides a step-by-step approach to help businesses navigate the complexities of international debt recovery and increase your chances of successful recovery. Perform Due …
Your Guide To Successful International Debt Recovery Read More »
One of the challenges businesses face is managing trade debtors, as unpaid invoices can significantly impact cashflow and hinder growth. However, it is essential to handle this delicate situation carefully to maintain positive relationships with your clients. The most effective way to maximise cashflow is by enhancing your credit control process! In this article, we …
For businesses of all sizes, sending dunning letters chasing late payments can be a frustrating and time-consuming task. However, implementing a well-crafted dunning letter strategy can greatly improve your chances of recovering overdue payments while maintaining professional relationships with your clients. In this article, we will explore the concept of dunning letters and provide you …
Efficient management of debtor days is crucial for businesses seeking to maintain a healthy cashflow. By implementing effective strategies to reduce debtor days, you can enhance your business’s financial stability and improve overall profitability. In this article, we’ll outline 15 actionable steps that can help you significantly reduce debtor days and optimise your cashflow! Evaluate …
Effective financial management is vital for the success and sustainability of any business, and among the key tools used in financial planning and decision-making is the cashflow forecast. It provides valuable insights into the expected inflows and outflows of cash within a specific period. In this article, we will explore what a cashflow forecast is …
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