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The UK Construction Sector’s B2B Payment Practices Crumble

PYMNTS

write off $62 billion in unpaid invoice debt as losses every year. 28) concluded that 55 percent of companies in the construction subcontracting industry feel powerless to influence the payment terms of their contracts with larger construction companies. Late payments are considered an epidemic by some in the U.K.

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Duncan Burgess, Global Finance Director

CFO News Room

Duncan Burgess’ “number one passion” in his role is people. He then moved to the security construction technology company ICx Technologies as division controller. This meant everyone felt empowered to make the appropriate decisions to drive the company’s profitability”. “By Global issues affecting finance.

Finance 130
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Do Our Roads Have to be Built by Government?

CFO News Room

Ironically, it was during Jefferson’s presidency that the government first embarked upon road construction, with the National Road. This in-kind “tax” was perfectly acceptable to the farming community and it was able to fend off LAW’s legislation for a number of years. Prescient words, those. But not, of course, indefinitely.

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Number of U.K. Firms In Significant Financial Distress Jumps

PYMNTS

New data from insolvency firm Begbies Traynor may set off alarm bells: The number of U.K. A report released from the company this week found a 25 percent year-over-year increase in the number of companies categorized as being in significant financial distress in Q2, the largest yearly increase the firm has seen in three years, it said.

Numbers 46
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To NPV or Not to NPV: That Is the Question

Fpanda Club

They tend to avoid losses and prefer to keep the things as they are rather than invest in risky innovation. If project teams already know what numbers should be reached to win the funding, there is no need to randomly “play” with assumptions to figure out the acceptable set of parameters. which will be part of the allowable cost.

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Using Cash Flow Forecasting to Withstand the Downturn

Centage

While revenue is also an important number to understand for the health of your business, it doesn’t represent cash that you can use to pay bills like rent, inventory, and salaries. The projections are pulled from the profit and loss and balance sheets and balance sheet items, like purchases or depreciation, are added or subtracted.

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Beyond WeWork, The Vision Fund’s Bumpy Bets On Tech Disruption

PYMNTS

The latest news is that the $100 billion fund’s holdings (where filings indicate more than $70 billion in committed/deployed capital) are encountering any number of operational challenges. There’s an old business maxim that goes something like this: You cannot cut your way to profitability. billion loss), more bumps may lie ahead.