Top Tips on Managing Late Payments

Cindy Event News Leave a Comment

In this article, we will be discussing a topic that to many may seem rather straightforward. Cash-flow. Maintaining a well-balanced cash flow is essential to any business from the early stages to running a mature and growing business. What is cash flow? “Cash inflow is the lifeblood of your business.” Inflow is money the company is receiving from sales, loans …


Payment Performance of Singapore’s businesses in Q3 2018

Cindy Event News Leave a Comment

Why do firms pay late, intentionally? The idea of delayed payments is to balance the cash flow, so that there are enough inflows to match outflows; and that the business finance is not overly strained. As a result, cash rich businesses tends to exploit what is accepted as a ‘common practice’ by intentionally causing late payments without losing the trust …


Accounting Tips – How to Optimise Accounts Receivable?

Cindy Event News Leave a Comment

In this article, we will be exploring how best to optimize accounts receivable by first understand what it is and its importance. What is Accounts Receivable? Accounts receivable is the balance of money due to a firm for goods or services delivered or used but not yet paid for by customers. In other words, account receivable are amounts of money …


Alternative Funding Options – Managing Cash Flow

Cindy Event News Leave a Comment

Factoring is now considered an effective way for businesses to ease their cash flow problems. Small-to-medium sized enterprises (SME’s) often struggle to find financing with banks due to the strict restrictions placed by banks such as long credit history or substantial assets. InvoiceInterchange offers alternative funding options for companies that have strong financials and are looking for ways to better …


3 Types of Alternative Funding for SMEs in Singapore

Cindy Event News Leave a Comment

Alternative Funding: Overview Financing issues is one of the top 4 cost challenges faced by small and medium enterprises (SMEs). Higher interest rates for bank loans, suppliers tightening credit access and the need for more collateral are among the major reasons why SMEs are unable to achieve cost efficient financing. We will be looking into why financial institutions do not …