Glen Foster Managing Director UK and Northern Europe at Libeo
Amid economic turmoil, including a rise in corporation tax for 2023, late payments are on the rise significantly impacting business survivability. According to an FSB study, one in three business owners had an increase in late payments of invoices over the last year. Late payments can be the result of complex payment approval processes and cash f...
28 November 2022 /payments Payments strategies 2015-2020-2030
The global cost of payment fraud It is estimated that online payment fraud cost the global business economy over 16 billion pounds in 2021. With the shift from physical to digital as a result of the COVID-19 pandemic businesses have been placed in a more vulnerable position when it comes to being a target of online scams, fraud and cyber attacks. ...
26 July 2022 /payments Payments strategies 2015-2020-2030
Across all walks of life, one thing that brings people together is the fact that we all have bills to pay. When it comes to business owners, the nature and quantity of those bills becomes more difficult to manage. Businesses have varied suppliers who need to get paid on different schedules, intervals and perhaps even currencies. The reality is, ha...
16 June 2022 /payments Payments strategies 2015-2020-2030
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