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U.K. Alt-Lender DueCourse Falls Into Administration

PYMNTS

Recent reports said DueCourse , which operates as an invoice financing platform, began working with administrators Leonard Curtis this month. We have decided to close one of the companies in the group as part of a planned restructure,” he told UKTN. Customers haven’t been affected.”.

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How to Recession-Proof Your Business

VCFO

Build, Update, and Monitor a Solid Cash Plan. Developing a regularly updated, accurate cash flow plan is arguably the first thing to have in hand. You may want to invoice more frequently or review and tighten your credit terms. in the face of a crisis are almost always inferior to proactive planning.

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What is a 13 Week Cash Flow Forecast?

CFO Share

A 13 week cash flow forecast is a short term forecast used during liquidity shortfalls to plan a company’s cash flows and avoid financial distress such as missing payroll, defaulting on debt, and ending up in bankruptcy or receivership. You receive numerous calls from vendors about late invoices. You often struggle to make payroll.

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How to create & use pro forma statements

Cube Software

No business can survive without planning. The answers—based on different sources of data like market research or historical sales information—guide internal decision-making to promote regular, sustainable growth as well as create contingency plans for worst-case or best-case scenarios. What is a pro forma financial statement?

GAAP 40
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How co-sourcing can drive an agile tax and finance function

Future CFO

Particularly, compliance (27%) is the top priority for the tax function, even as they are balancing multiple priorities like tax planning (22%), proactively supporting the wider business and capital agenda (21%), managing the tax function’s cost (16%) and positioning the tax function to provide insights (13%).

Finance 52
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Nonprofit Accounting Services: The Right Solution

The Charity CFO

data entry, invoicing, and report generation). A solid picture of finances helps with strategic planning, identifying new fundraising opportunities, and evaluating program effectiveness. Restructure your business model or operations. Saves time and money. A good accounting solution will automate a lot of the manual tasks (i.e.

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Coming out stronger in 2021 – What does good look like?

Future CFO

She highlighted some of the challenges facing CFO: workforce disruptions during lockdowns and the pandemic’s impact on business and operations; requiring CFOs to rethink the future of work as the pandemic has reshaped the nature of work, to reimagine/adapt new business model and technology to digitise and restructure business/work processes.

CFO 52