Why Order to Cash should be the beating heart of your business
More and more large companies are seeing the added value of optimising their work processes. One of the most complicated processes is that of Order to Cash. This comprises the entire process from a customer's (potential) purchase to the actual payment. Those who set up this process efficiently are definitely bacon buyers. Why? You can find out in this article.
5 advantages of financing with single risk credit insurance
Not so long ago, arranging a business loan was surprisingly simple. You stepped into a bank with an empty wallet and out again with a full one. Those times are over. Fortunately, today there are more ways to get business finance. However, the majority of entrepreneurs still do not look beyond their home banker, while alternative forms of financing also offer advantages. Like the combination between financing and single risk credit insurance.
Brexit is coming, but will it be hard or soft?
The election results in the United Kingdom (UK) did not lie, on Thursday 12 December. Boris Johnson won handsomely and so Brexit is definitely going ahead. And whatever anyone thinks of it, for the economy, clarity is better than uncertainty.
Why you should surf along on the Big Data wave
Big data and Artificial Intelligence. These are topics discussed at many boardroom tables, perhaps also at your company's. Many credit management providers, including credit insurers, have already invested millions in these. Their ultimate goal: to save costs by streamlining risk assessment, debt collection and work processes more efficiently.
So you always have optimal coverage on your buyer
Entrepreneurship is about taking risks. Risk of success, but also of failure. Which way things go, you may be able to estimate broadly, but failure can always suddenly be just around the corner. Therefore, to ensure the continuity of your business, your risks need to be properly calculated. In particular, the creditworthiness of buyers is an important consideration, Coen Blazer, credit analyst at Xolv, explains in this article.
10 years of Xolv: 10 years of cooperation with trusted partners
Xolv is 10 years old this year and we have made no secret of it. It is therefore a milestone we are proud of. For us, it is not so much about the number 10, but mainly about the way we have been active in the market for 10 years. That is what we are proud of. You can read more about that approach and the conclusion of our anniversary year in this article.
Insure? Visit your GP first!
No doubt you have had them at the table before, the insurance agents who walk into your office with a folder full of policies. They try to sell you separate products. From fire insurance to legal expenses insurance and everything in between. But why seek treatment for an ailment for which there is very little chance that you will ever get it? So our advice is: consult your GP first and only then go to the specialist.
Winter coat importer is warm thanks to Xolv Finance
Sometimes business suddenly goes so well that you risk becoming a victim of your own success. It happened to an importer of luxury sporty winter jackets and ski and bicycle helmets, who started having problems with the purchase of his goods. With Xolv Finance, part of Xolv, we cleared the hurdles for this entrepreneur so that he would be well off in the coming festive month - and the period after that. Read how we did it in this article.
Your terms and conditions always apply thanks to these tips
General terms and conditions. Every business should have them. But how can you make sure your terms and conditions always apply? That was what lawyer Marco Goyaerts talked about during the workshop "How do I get more return from my credit insurance?" that we held at our office for our Atradius relations at the end of October. Marco is co-owner of GoyaertsDeBoer Advocaten, with whom we share our premises. For anyone who did not attend or wants to read it back at leisure, we list Marco's key messages in this article.
E-billing: the fastest way to better cash flow
Good cash flow is the breath of your business. It is needed to stay alive. To be able to invest. To grow. But not every debtor pays as quickly as you want. One of the fastest and easiest ways to do something about this is e-billing, or electronic invoicing. Therefore, in this article: 5 questions and answers about (the benefits of) this increasingly common way of paying.