Jonathan Withers

📝 Our #NECCQES results are in for quarter 3! The survey - the largest independent business survey of its kind in the UK - indicates a business community that remains cautious but resilient. 🔗 See the full report here: https://okt.to/fiJLUw The Q3 results highlight that pressures from costs such as raw materials and labour are starting to ease, however many firms are still dealing with the ongoing fallout from inflation and supply chain disruptions. As we prepare for the upcoming autumn Budget, this timely insight from our members will shape our policy work to ensure the North East’s business priorities are represented and heard at national level.

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🚀 Is your credit control process bulletproof? Managing overdue payments can be a major challenge for businesses. But with the right system in place, you can protect your cash flow and maintain strong client relationships—all while staying compliant with UK laws. 💼✅ We’ve created a comprehensive Credit Control Review, designed to help you: ✔️ Set clear payment terms ✔️ Manage overdue payments effectively ✔️ Comply with legal requirements like GDPR and the Late Payment Act ✔️ Decide when and how to escalate to legal action Want to optimise your credit control process? Comment below or message us to start a conversation https://lnkd.in/eAJwCBkj #CreditControl #CashFlowManagement #UKBusiness #FinanceTips #Compliance

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Find out how we supported the Management Buy Out of an automotive business with a tailored #InvoiceFinance solution in our #CustomerSuccessStory: https://okt.to/2XSd6i #BusinessFunding #AssetBasedLending #WorkingCapital #MBO

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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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Ensuring regulatory compliance is a top priority for UK businesses. From GDPR to ISO 27001, meeting these standards is crucial. A cybersecurity audit helps safeguard your organisation from penalties and reputation damage. Learn more about safeguarding your business in the digital age https://lnkd.in/e5sBaHV7 #cybersecurity #regulation #compliance #databreach #businesssecurity #datasecurity #kalamazooIT

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Did you know that nearly half of regulated organisations in the UK are using outdated and unsupported recording systems? 🚨 Doing so exposes your organisation to serious compliance risks. Explore the critical impacts of maintaining legacy systems and discover how modernising can protect your business. Read our latest blog now to discover more. Read the blog 👉 https://bit.ly/47PDz8t #LegacySystems #ComplianceRisk #RecordsManagement #Wordwatch

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Did you know that nearly half of regulated organisations in the UK are using outdated and unsupported recording systems? 🚨 Doing so exposes your organisation to serious compliance risks. Explore the critical impacts of maintaining legacy systems and discover how modernising can protect your business. Read our latest blog now to discover more. Read the blog 👉 https://bit.ly/47PDz8t #LegacySystems #ComplianceRisk #RecordsManagement #Wordwatch

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𝗠𝗶𝗱 𝗣𝗼𝗶𝗻𝘁 𝗶𝗻 𝗙𝗿𝗮𝘂𝗱 𝗔𝘄𝗮𝗿𝗲𝗻𝗲𝘀𝘀 𝗪𝗲𝗲𝗸 INTEC for Business Ltd has worked in the fraud sector for almost 30 years but, what advice would we give to other businesses not working in the sector? 𝗙𝗿𝗮𝘂𝗱 𝗶𝘀 𝗲𝘃𝗲𝗿𝘆𝗼𝗻𝗲'𝘀 𝗽𝗿𝗼𝗯𝗹𝗲𝗺! Raising fraud awareness in a business is essential for creating a culture of integrity and transparency. It involves educating employees about the potential risks and impacts of fraudulent activities on the organisation. By fostering an environment where staff feel informed and vigilant, businesses can better safeguard their assets and reputation. Awareness initiatives should aim to instill a strong understanding of ethical standards and the importance of compliance. Encouraging open communication and ensuring that employees feel supported in reporting concerns can significantly contribute to a proactive approach to preventing fraud. Ultimately, awareness is a shared responsibility that benefits the entire organisation. #FraudWeek #INTECforBusiness #RaiseAwareness

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Guidance on when and how businesses can request extensions or exemptions to certain directives. From improving APP fraud reimbursement to establishing the Confirmation of Payee service, our guidelines seek to improve payment systems for all UK customers. The bar is set high: all businesses must be driven to comply swiftly and effectively, benefitting everyone who utilises payment services. New draft guidance describing how extensions or exclusions will be granted. This is critical for companies seeking to improve the UK's payment systems with initiatives such as Confirmation of Payee and APP fraud reimbursement. #PSR #PaymentSafety #UKFinance #RegulatoryCompliance #BusinessEthics #thelawchronicle

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UK businesses face significant challenges due to cross-border compliance, impacting growth and consumer satisfaction. Avalara's research shows over 80% of companies struggle with customs duties and trade restrictions, hindering market expansion. How are businesses navigating these complexities, and what role do #AI and #automation play in enhancing compliance and customer experience? Read our full insight: https://lnkd.in/eSDjkJdK #CrossBorderCompliance #BusinessGrowth #AccountingInsights #AI #Automation

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💷 The latest results published under the #ReportingOnPaymentPractices show that Build UK members have maintained their payment performance over the last six months. https://lnkd.in/e6fzvVBk 🗓 With new reporting requirements on the value of invoices paid and disputed invoices coming into force from 1 January 2025, our table shows the results for more than 120 of the industry’s largest companies to provide a comprehensive picture of payment practices across the industry. https://lnkd.in/eeF_pkJS 🥳 For the first time, all tier one Contractor members are paying invoices within an average of 45 days, which will be the requirement for new Government contracts over £5 million from April 2025. https://ow.ly/YYWS50SOSR8 📈 On average, Build UK Contractor members now pay 96% of invoices in 60 days & none of them average less than 90%. https://lnkd.in/gnM9BHGV

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Bookkeepers are responsible a huge volume of sensitive and confidential data. Bank details, credit information, personal client details - all the sort of data that cyber criminals love to get their hands on. We've been working with experts Unity IT Ltd to accredit their Cyber Essentials Certification process, an assessment which demonstrates the steps your business is taking to protect your own and your client data. This certification shows your clients that your business prioritises cybersecurity and has measures to reduce attack risks and impacts. Find out more: https://lnkd.in/enSb2563 Trevor Bradfield

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Is your website and app compliant with the latest data protection regulations? Join us at #RISK London on 9-10 October for expert insights on how to: ✅ Stay up to date with the latest data protection regulations ✅ Implement robust security measures ✅ Maintain user trust ✅ Avoid legal issues ✅ Ensure cookie compliance ✅ Minimise reputational risk The PrivSec theatre at #RISK London will feature leading experts covering these crucial topics and more. Don’t miss out! Secure your place and take the first step toward a comprehensive data governance framework that prioritises user privacy and builds long-term trust. Register your free place today: https://lnkd.in/gpbsE_hg #RISKLondon #DataProtection #Privacy #PrivacyMatters #DataPrivacy #AI

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📣 Calling all financial advice businesses! Only 2 days to go until our CEO David Davies joins 8AM Global Limited for their webinar on Ransomware: The Advice Sector’s Silent Threat. 💡 With help and advice on how to tackle ransomware, phishing and other cyber threats specifically targeting the financial advice sector, this is a session not to be missed.   👻 This Halloween don’t let the cyber criminals scare you, join to find out what you can do to keep the cyber ghouls away.   Register today ➡ https://lnkd.in/eCJuRy4q #cyberthreats #cybersecurity #ransomware #CybersecurityAwarenessMonth #fintech #financialservices

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Cyber threats are constantly evolving, and it's crucial to stay ahead of them. Curo's cybersecurity services offer comprehensive protection for your business. From firewalls to intrusion detection, our solutions are designed to safeguard your network from potential threats. #CyberSecurity #StaySafe

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Are you considering applying for an Isle of Man Software Supplier Licence? Check out our latest article to discover why the largest software suppliers in the eGaming sector are choosing the Isle of Man for their licensing needs. Find out more about the benefits and opportunities that come with an Isle of Man Software Supplier Licence. Contact us today at [email protected] or send us a message via LinkedIn. #eGaming #IsleofMan #SoftwareSupplierLicence

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Check out this insightful recap from Francis K. about Gary Kinsley's presentation at the Midlands Fraud Forum Limited! Gary delivered a powerful simulation based on a real-life ransomware attack, highlighting the importance of proactive cybersecurity practices. 🔑🔑 The key takeaways? ❗ Don't skip MFA! It's like a superhero shield against attackers. Regular security testing (think of it as a gym membership for your defences) can help uncover weaknesses before they're exploited. ❗ Plan ahead! Having a clear incident response plan is like a fire drill for cyberattacks. Everyone knows their role and can react quickly. Let's chat if you'd like to know more! We're happy to answer any questions and discuss how CyberQ Group can help your organisation be a cyber security champion. Let's connect here: 🌐 www.cyberqgroup.com 📧 [email protected]

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NEW: Educational institutions across the UK are increasingly vulnerable to data breaches as more cyber attacks and poor data handling practices expose sensitive personal information. Speaking exclusively with ETIH, Ben Marsh, Class Underwriter at Chaucer Group, explains the heightened risks faced by educational institutions. ⬇️ https://lnkd.in/eeVwU6mi #CyberSecurity #DataProtection #EdTech #EducationTechnology #DataPrivacy #UKEducation #CyberAttacks #Outsourcing #UKPrivacy

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