Paycada

There are just six weeks left of 2024 to ensure your invoices get paid before the end of the year. With holiday spending up and businesses closing for the festive season, getting paid on time is crucial to keeping your cash flow steady. If you need practical tips to lock in faster payments and maintain a healthy cash flow, read our guide, Mind the Payment Gap, and discover how Paycada’s automated tools can ensure you get paid on time so that you can enjoy the holidays stress-free 🎄 Read our guide: https://lnkd.in/esxrwGQK

When invoices go unpaid, the impact cascades through the entire supply chain ⛓️ 🔷 18% of businesses admit to withholding payments to manage their cash flow 🔷 These payment delays cause a ripple effect that limits business growth How can SMEs protect their cash flow and financial health? Our guide, Mind the Payment Gap, dives into actionable steps to prevent these disruptions and strengthen your cash flow. Read our guide here: https://lnkd.in/eCYvTmHj

Did you know the average SME spends over 30 hours a month chasing overdue invoices? Paycada optimises the accounts receivable process, freeing up valuable time so you can focus on what truly matters - growth 🌱 Discover how to safeguard your cash flow and protect your business from late payments in our latest guide, Mind the Payment Gap. 👉 Read the full guide here: https://lnkd.in/d7zjAiRe (Source: Xero)

How do late payments at the top of the supply chain affect the entire business ecosystem? Our latest blog, From Top to Bottom, uncovers how payment delays trickle down the contractual chain, affecting every link along the way. With new insights from the Department of Business and Trade, we delve into the effects of late payments - from financial strain on SMEs to the operational disruptions that impact growth and stability. Read the full article to explore proactive steps businesses can take to manage the impact of upstream delays and strengthen their resilience across the chain. ➡️ https://lnkd.in/erQ8yMc3

Late payments can feel like a nightmare, but at Paycada, we help your business take back control! Our platform optimises the accounts receivable process, making it easier to chase overdue payments and revive your cash flow. Discover how Paycada can support your business: 🔗 https://lnkd.in/eEvUdXp6

SMEs are the backbone of the UK economy, making up 99% of the business population and accounting for nearly two-thirds of employment. They play a crucial role in driving growth and innovation, but challenges like late payments continue to hold them back. In our latest guide, Mind the Payment Gap, we explore how SMEs can safeguard their business from these challenges. Read our full guide here: https://lnkd.in/eiF2Q8C9 *Source: UK House of Commons Library, 8th May 2024

Does your business use Xero? Streamline your accounts receivable process with Paycada! As a Xero-connected app, Paycada helps you take control of late payments, and boost cash flow. Are you struggling with late payments or long-standing debt that remains unpaid despite repeated reminders? Our Enhanced Collection Service, powered by our sister company Bluestone Credit Management, an FCA-regulated collections agency, ensures that no unpaid invoice slips through the cracks. Visit the Xero App Store and discover how Paycada can support your business: https://lnkd.in/dmQpDB5r

⏳ 75 to 90 days! According to Atradius UK, that's how long construction firms are waiting on average to receive payments — nearly triple the standard 30-day terms most businesses rely on. Find out how Paycada can help your business get paid on time, and in full: https://lnkd.in/e6bYrYRh

The construction industry is no stranger to uncertainty, but late payments are creating instability that’s shaking the very foundations of many of these businesses. With unpaid invoices piling up, the ripple effects are massive - impacting the economy and infrastructure growth. Raising awareness of the severe impact of late payments in this sector is crucial. In our latest blog, we explore the ripple effects of unpaid invoices, including debt write-offs and project delays, and share how Paycada’s solutions can help businesses get paid on time. Read the full blog here: https://lnkd.in/eNZ2ZtZY #construction #latepayments #economy #infrastructure #SMEs #cashflow #Paycada #thoughtleadership

Late payments continue to be a significant issue for businesses, with certain industries feeling the impact more than others. According to the Federation of Small Businesses (FSB), ‘Time is Money’ report, these sectors have seen some of the highest rates of late payments. Is your industry on the list? #LatePayments #SME #BusinessGrowth #Paycada