It’s no secret that poor cash flow management can sink businesses. Without ready cash in the bank a business will struggle to meet its own commitments, destroying relationships, increasing costs through interest, and losing out on critical suppliers.

The good news is that some simple changes to company invoicing can result in a far higher percentage of paid invoices, quicker payment and ultimately better cash flow. Here’s what you need to do.

All stakeholders benefit when happy employees enthusiastically work together as a strong cohesive team to achieve clear and common goals. 

Given the demanding realities of the business world, this may seem like a lofty ideal, but in just five practical steps outlined in this article, you can build a stronger team in 2024, allowing your business to enjoy all the well-documented benefits of great teams - which go beyond just the bottom line – throughout the months ahead. 

From increasing costs to legal compliances and logistical challenges, there are a multitude of pressures on a modern business. This is why companies looking to thrive find themselves increasingly turning to technological solutions to free up staff time, streamline their operations and enhance customer experiences.

These digital transformations aren’t as simple as they seem on the surface, however, and smart business leaders will need to develop a digital transformation strategy that takes advantage of all that technology has to offer. Here are our top tips.