Business Gateway has helped an automated credit management platform Know-it launch its first product, released in September this year. Know-it is a credit management platform, based in Glasgow, which helps give small businesses the ability to mitigate credit risk, increase cashflow and reduce debtor days. Their eponymous new product has three functions; Check-it, Chase-it, Collect-it …

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BUSINESS Gateway has helped an automated credit management platform launch its first product, released in September this year.  Know-it is a credit management platform, based in Glasgow, which helps give small businesses the ability to mitigate credit risk, increase cashflow and reduce debtor days. Their eponymous new product has three functions; Check-it, Chase-it, Collect-it and …

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Nine in ten (93 percent) businesses are currently waiting on late payments from customers, according to new research. For medium sized enterprises with 50 to 249 staff, those waiting on late payments rises again to 94 per cent. Interruption of cash flow can be a result of delayed payments that negatively impact a business’ income …

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The competition winners will be announced at the Regional Finals in March 2022. 12 inspiring female founders have been named as this year’s AccelerateHER awards finalists in partnership with Barclays Eagle Labs. The influential Scottish women have been shortlisted for their aspirational work in fields of Science and MedTech; FinTech, Data Science and Cybersecurity; CleanTech, Climate and …

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Fluctuations in interest rates can be baffling for small businesses, and some may even think that they won’t be affected. Lynne Darcey Quigley, Founder and CEO of Know-it, explains what the new figures really mean – and it’s not all bad news. Interest rates have now climbed from 0.1% to 0.25%. It’s the most significant rise …

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Fluctuations in interest rates can be baffling for small businesses. Lynne Darcey Quigley, CEO of Know-it, explains what the new figures really mean – and it’s not all bad news. For the first time in a long time, the Bank of England has increased interest rates. Interest rates have now climbed from 0.1% to 0.25%. It’s the most …

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Digital transformation promises higher revenues, but SMEs are hardly rushing to change. Despite the various benefits of digital transformation, small- and medium-sized enterprises (SMEs) in the UK are dragging their feet, new research suggests. According to a report from UK-based bank NatWest, based on a survey of 1,000 SMEs, only a fifth are open to …

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With 2022 set to be an exciting year for Scottish tech, DIGIT explores some of the companies expected to grab headlines. Many Scottish tech companies will have entered 2022 with a new-found sense of optimism and excitement. Despite challenging conditions, the Scottish tech sector performed well in 2021, with several notable acquisitions, expansions and investment deals. Statistics published by Dealroom in December revealed …

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Just one in five small businesses in the UK is open to digital transformation, despite it making them two and a half times more likely to experience a 20 percent or more increase in revenue. The finding comes from NatWest bank’s latest Springboard to Recovery report which is based on research from a survey of 1,000 small …

Only 20 percent of UK smaller businesses are ‘tech-savvy’ Read More »

Only a fifth of smaller businesses are “tech-savvy” despite the potential boost to turnover, a new survey suggests. Royal Bank of Scotland parent NatWest’s Springboard to Recovery report found that tech is more critical than ever to the success of an SME (small and medium-sized enterprise), yet “far too few” businesses are open to modern …

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