IBM reports that 50% of companies that adopted artificial intelligence (AI) for cash flow forecasting experienced a 20% (or more) decrease in forecasting errors. In the realm of financial management, where every cent counts (literally), the value of AI cannot be overstated. AI and machine learning (...

The factoring market is expected to experience an impressive Compound Annual Growth Rate (CAGR) of 5.99% between 2022 and 2028. This supports what the experts predict: that the factoring market is growing, and as 2024 approaches, factoring companies will need to adapt to the challenges and opportuni...

Cash flow is a common struggle among small businesses; 82% of failed businesses cite cash flow problems as a significant contributor, while a global study reveals that 61% of small businesses battle to maintain cash flow. However, there is a lifeline: invoice factoring. Invoice factoring can turn yo...

With small to medium enterprises (SMEs) comprising about 98.5% of all businesses in South Africa, their financial stability is more than a private concern- it’s a national imperative. Yet, traditional avenues for gaining liquidity, such as overdrafts and bank loans, are increasingly proving to...

As 2022 begins, what are your business goals for the year ahead? If you’re planning to expand, explore new opportunities or simply keep your finances healthier than they were last year, here are three top tips. 1. Protect your cash flow No matter what industry you’re in, having ready access to c...

When you start a small business many processes need to be established and nurtured to create a stable structure from which the business can grow. Managing the financial health of your small business is crucial to creating this strong foundation. Understanding how to manage your company’s finance...

Businesses may find themselves in financial distress for several reasons. Of course, in some cases there are fundamental failures, which cannot be rectified. In many others, however, it is the culmination of several unfortunate circumstances. With the right support, these businesses can get back o...

Cash flow is essential to sustainable business; more importantly, the methods and channels used to direct, allocate and manage this precious resource play a vital role in how efficiently a company operates. The better the cash flow management system, the more easily cash can be allocated to bolster ...

Whether during start-up, growth or maturity, raising capital is a recurring need for any business. Common strategies include bootstrapping, crowd funding, debt financing and equity financing. The preferred or viable options will depend on several variables, and each involves different risks, rewards...

Factoring, also known as accounts receivable finance, is an increasingly popular method of business finance, worldwide. With factoring, a business sells its debtors book to a third-party organisation. This unlocks working capital, allowing a business to expand more rapidly and offer more attractive ...