What can a payment service do for your business?

What can a payment service do for your business?

On average, you lose two working days per month chasing late payments. That’s according to a recent survey of small businesses, which found that business owners spent 10% of their time chasing late payments from customers. Choosing the right payment service provider...
A challenge to the Challengers: The Branch is the Bank

A challenge to the Challengers: The Branch is the Bank

In response to September’s Fintech Friday: ‘What are challenger banks doing differently?’, Phil Basten, Branch Manager at Handelsbanken Trafford offers a counter perspective from the other side of banking. Whilst his team are keeping abreast of the challenger bank...
What are challenger banks doing differently?

What are challenger banks doing differently?

We have all heard mention of challenger banks – the likes of Tide, Monzo or Starling, but what are they doing that’s different? And are they really changing the game? Gone are the days of businesses paying in cash and cheques each week to a cashier behind...
When did you last check your data?

When did you last check your data?

There will be lots of businesses out there that have moved to cloud accounting in recent years. At the very minimum they should be benefiting from automated bank feeds and a streamlined reconciliation process, which most of the software options provide… but what’s...
More than a cashbook

More than a cashbook

It seems a long time ago that bank transactions were logged in a red cashbook. Back then, the quality of information was dependent on how neat and accurate the person writing up the book was. Over the last 15 years, fintech has enabled businesses to get up to the...