Ian Savage

Got cash reserves in your business? Learn how to extract them #tax efficiently! Join Chris James from Workwell and Vicks Rodwell from IPSE in our webinar as they explore smart strategies for managing your company reserves👇 https://bit.ly/3XumZHD

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Interim CFO Kingsley Kemish stated that the fintech plans to maintain its strategy of lowering prices for its customers, as reflected in its forecast. Read the full report by clicking the below https://lnkd.in/dj3BqNgK Follow CrossTech for more industry news and insights. #CrossTechNews #CrossTechWorld2024 #CrossTech2024 #FintechPayments2024 #CrosstechConference2024 #moneyconference #fintech #remittances

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As businesses face delayed payments and cash flow challenges, adopting commercial cards and automated accounts receivable (AR) solutions can provide much-needed relief. By staying informed about technological advancements and choosing the right partners, companies can enhance their financial stability and operational efficiency by empowering their own AR teams. At Previse, our solutions combine smart data with automation technology to get suppliers paid as early as day one, giving suppliers greater working capital and allowing them to remain agile and navigate this uncertain climate. Learn more about Previse’s solutions here: https://previse.co/en-gb/ Read more about how commercial cards and automation are transforming AR in PYMNTS: https://lnkd.in/ejcR7QxN #AI #technology #virtualcards #accountsreceivable #innovation #machinelearning #automation

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🏃‍♀️Get up to date on the tax deadlines and changes to UK law you need to know about in 2024. Our guide outlines the latest changes to tax, wages, employment law, company law and more. https://lnkd.in/e2BmvXdN

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Peace of Mind with Contractor Payroll: Compliance & Professional Passport Worried about navigating the complexities of contractor payroll compliance? At Core Finance Management, we take compliance seriously. That's why we're proud to be registered with Professional Passport, the UK's leading independent assessor of payment intermediary compliance. What does this mean for you? Reduced Risk: Professional Passport accreditation signifies our commitment to meeting rigorous compliance standards. Confidence in Tax Handling: Minimize the risk of HMRC investigations with our expertise in contractor tax regulations (like CIS). Transparency & Trust: Gain peace of mind knowing you're working with a reputable and accredited provider. Focus on building your team of talented contractors, and leave the compliance headaches to us. #contractorpayroll #payrollservices #freelancers #ProfessionalPassport #compliance #peaceofmind

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What is a primary information provider? What do they deliver and why does your choice of provider matter? Måns Flodberg, CEO & founder of Modular Finance, which recently became approved by the FCA as a PIP, explains in our latest guest article:

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Writing for PaymentsJournal, Tom Nawrocki shares the myriad of benefits for businesses that commit to an automated payments process. Automation of payment processes allows accounts receivable and accounts payable functions to grow, helping companies maintain tighter control of their capital and avoiding cash flow squeezes. Previse’s SmartPay uses smart data and AI to automate the payment process to help track unnecessary spending and flag potential breakdowns and challenges in processes: https://previse.co/en-gb/ Read more about the benefits of automating payment processes here: https://lnkd.in/e7ECw5tY #payments #automation #tech #innovation #cashlow #b2bpayments #fintech #technology #smartdata #AI

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Struggling with high-volume supplier payments and wish there was a way to streamline them and get your time back? Read our latest blog, where we discuss the problems faced by finance pros and what can be done about them. Link in the comments 👇 #AccountsPayable #SupplierPayments

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The UK's Payment Systems Regulator (PSR) is moving forward with plans to expand Variable Recurring Payments (VRPs).   VRPs are a type of payment setup where the amount and/or frequency of the payments can change based on certain conditions or user actions. They offer flexibility, making them ideal for services with fluctuating costs like utilities and subscriptions.   To ensure VRPs are safe and widely adopted, proper regulation is essential. The PSR is exploring key regulations such as mandatory participation and fair pricing to promote effective and secure implementation.   💬 What are your thoughts on VRPs and their regulation? Let’s chat!   #VRP #Payments #DigitalPayments #FinTech #Regulation #DigitalPayments

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🎙️ THE STOIX PODCAST - New Episode Alert! 😎 A recent FTSE 100, 250 and PE CFO We’re very excited to welcome Alex Gersh, most recently, Chief Financial Officer at Paysafe (NYSE: PSFE), ex-CFO Paddy Power Betfair (now part of Flutter Entertainment ) and before CFO at Sportradar to the latest episode of The STOIX Podcast! With over 30 years of diversified international financial experience across technology, consumer, digital, and eCommerce industries, Alex is truly a heavyweight name in the finance world. 🎉 In this powerful conversation, Alex shares his deep insights on leadership, success, and navigating career challenges. From the importance of smart hiring and interviewing for success, to embracing failure, taking bold chances, and recognising the role of luck in a career – this episode is packed with useful insights for finance leaders. Main topics we covered in this episode: 🗺️ His life journey from Soviet Union to the US and then, London ⚙️ Going through a major IPO and leading one of the biggest M&A Deals in recent times 🚀 How to hire and interview for long-term success 🏋️ Learning from failure 🌈 The power of taking chances in your career and how to become a CFO A huge thank you to Alex Gersh for sharing his expertise with us. Having such a seasoned leader on the podcast is a real privilege, and we’re confident his advice will inspire professionals across all industries. If you're looking to improve your hiring strategies or simply get inspired by a seasoned CFO, this is an episode you won’t want to miss! 🎧 Listen Now: https://lnkd.in/dSkc7FVp 📺 Watch on YouTube: https://lnkd.in/d6SSBeii #FinanceLeadership #CFO #CareerAdvice #Hiring #SuccessAndFailure #TheSTOIXPodcast

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In a recent article for Raconteur, CEO of The CFO Centre Group Limited, Sara Daw argued that alongside substantial rises in CFO wages in the UK, finance chiefs are also looking for jobs that: ✅ Prioritise their professional wellbeing. ✅ Offer them flexibility. ✅ Give them the chance to shape strategic decisions. Sara states that the traditional CFO is fading, prompting professionals to rethink their careers away from the stresses of corporate life. CFOs want to be more involved in the sharp end of the business again – and get back to what they enjoy doing. 👀 Read the full article: https://lnkd.in/ehcFGu2u To find out more about hiring a fractional CFO for your business visit us https://lnkd.in/dNNcXvW4 The CFO Centre UK #TheCFOCentre #fractionalCFO #futureofwork #csuite  

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Where are interest rates heading?   The recent reduction in the Bank of England base rate marked the first interest rate decrease since 2020. Is it a sign of things to come?   As Saascoms are a supplier of bespoke customer services software to the credit and collections industry, interest rates are of particular importance. Higher interest rates can lead to increased debt repayments and subsequently an increase in defaults. In addition, the debt can grow faster due to the interest rate rising. This acts as a double negative for the borrower.   On the other hand, lower interest rates may reduce repayments or enable borrowers to increase their repayments, paying off the debt sooner.   Economists broadly agree that low interest rates (if coupled with low inflation) create the best environment for economic growth. That in turn can benefit those in debt, but perversely as the cost of money (the interest you pay) goes down, people are encouraged to borrow more through tempting finance deals.   The Bank of England and new government would like to see interest rates fall, but with the ongoing Ukraine war, US economic uncertainty (and election), domestic unrest and slow European growth it’s difficult to predict.   This week inflation rose, and is predicted to rise to 2.75%, but the Bank of England says the underlying pressures are low. However, this is the organisation that didn’t react quick enough to post pandemic inflation. So make up your own mind?   Wherever interest rates are heading it is important to be aware how it can affect you, your finances and your business; building in resilience whatever the economy throws at you. At Saascoms we believe in treating customers fairly and are members of the Credit Services Association and Money Advice Liaison Group Ltd. #financialplanning #customerservice #CX #awardwinning #economy #creditandcollections

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At Universal Partners, a client-first approach drives success. Oliver Carson shares how deeply understanding each client’s vision and goals has helped the company achieve an impressive client retention rate of around 90%. #Panfinance #UK #ClientFirst #BusinessGrowth #CustomerSuccess #RetentionStrategy #Leadership #Entrepreneurship #ClientFocus

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With the UK election approaching, businesses are entering a period of uncertainty in relation to possible changes to regulations, tax rates, and employment laws. Navigating these changes may be difficult, but we have a solution to help you stay ahead. 🙌 Our managed payroll services guarantee the accuracy, compliance, and efficiency of your payroll, regardless of the election outcome. Discover IRIS Managed Payroll Services today: https://bit.ly/3VJ5p09 #UKElection #Payroll #ManagedPayrollServices

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With the UK election approaching, businesses are entering a period of uncertainty in relation to possible changes to regulations, tax rates, and employment laws. Navigating these changes may be difficult, but we have a solution to help you stay ahead. 🙌 Our managed payroll services guarantee the accuracy, compliance, and efficiency of your payroll, regardless of the election outcome. Discover IRIS Managed Payroll Services today: https://bit.ly/3VJ5p09 #UKElection #Payroll #ManagedPayrollServices

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