A new contract debt collection service has been launched by GERLING NCM for firms that suffer regular late payments. With the new service, customers contract out some or all of their debts to GERLING NCM for a retainer fee plus a small commission on each debt recovered. The service operates on a ‘no collection no fee’ basis. Lisa Edmonds, head of UK marketing at GERLING NCM, said, ‘Effective cash flow management is central to the operation of a successful business, and keeping your debts under control is an important part of that.’
A report by broking group Marsh examines the repercussions from the administration of the South Korean company, which filed for bankruptcy protection at the end of August.
Global research by C2FO suggests that smaller businesses are less concerned with the repercussions of Brexit and the upcoming US presidential election.
A squeeze on skilled talent means it now takes an average of seven weeks to fill open permanent roles in finance in the UK according to new research from financial services recruitment firm Robert Half.
Early-stage merger and acquisition deals in Asia-Pacific show nearly 10% year-on-year growth in recent months.