Workshop aims to tackle the scourge of late payments head on
July 2, 2012
â€œAmong all the reasons why running a business is as tough as it's ever been â€“ being paid late for the goods and services we provide ranks high on the list of the most unacceptable.â€
That's the view of Luisa Grey, a Director at Cambridgeshire-based Eazipay, one of the UK's leading Direct Debit processing companies.
In response to recent industry research showing that UK SMEs are owed a staggering Â£35.3 billion in late payments, Eazipay is hosting an â€˜Avoiding Late Paymentsâ€™ breakfast workshop at The Maltings, Ely on Wednesday 11th July 2012.
â€œThe aim of the workshop,â€ says Luisa, â€œis to give SMEs tips and advice on how they can ensure that their businesses are paid what they are owed, and paid on time.
â€œWe have brought together a team of experts representing the law, finance, accounting and factoring sectors with the intention of giving SMEs real, tactical insights into the measures they can take to make sure they are paid, and at the same time, are minimising risks to their cash flows.
â€œThis workshop is concerned with the hard commercial edge of being in business and the tips and techniques our experts will recommend can be implemented that afternoon. Businesses that attend will see a difference to their cash flows and benefit from the confidence that comes from knowing that they, and not their customers, are in control of cash that is due to them.
â€œBeing in business is about making money and there is nothing more important than being paid for our goods and services. It is a real concern that viable, profitable companies have to cut back on staff and investment because their customers are delaying payment.
â€œUltimately these companies could be driven out of business and that is totally unacceptable.â€
Among the subjects the workshop will cover include: how to spot the tell-tale signs that a customer is in difficulties; how to make sure that a new customer is financially viable; how to become more than just an invoice number with your customer; how to protect your cash flow and how to pursue a customer for payment without necessarily losing them.
â€œOur experts will be explaining that even in these tough times there are very positive measures business owners can take to ensure that they are paid, which at the end of each month is what we all want,â€ concludes Luisa.
For more information and booking details to attend this FREE two-hour event, visit www.eazipay.com or call the event organisers on 07789 911314.
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NOTES TO EDITORS
About Eazipay Ltd
â€¢ Established in 2002 by local entrepreneurs Kathy and Ron Bradney, and their colleague, Luisa Grey, Eazipay Ltd has become one of the UKâ€™s fastest growing Direct Debit processing companies.
â€¢ Eazipay now provides regular Direct Debit services to over 750 companies in a wide range of market sectors throughout the UK, Europe and beyond.
â€¢ In Febraruy 2012, Eazipay recorded its best ever month for Direct Debit collections when Â£19.3 million worth of Direct Debits were processed on behalf of its clients.
â€¢ Eazipay was recently awarded â€˜Affiliateâ€™ status from Bacs, the governing body for Direct Debit processing in the UK payments industry. The company is now a member of an exclusive group of 38 other Bacs Affiliates, which includes representatives from some of the UKâ€™s leading businesses, banks and building societies, as well as government organisations and banking technology providers.
For further press information, please contact:
Damion Clark at Real PR (Consultants) LLP.
Tel: 07789 911314