A study carried out last year by the Asset Based Finance Association, a trade body representing the asset-based finance industry in the UK, unearthed the degree to which unpaid and late invoices are impacting upon small businesses in the UK. The findings of the survey, published in September 2015, were that UK businesses were owed more than £67.4 billion in unpaid invoices.…
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Creating an invoice for any work you’ve done as a business is key to making sure you get paid fairly and promptly for your work. It is also a legal obligation if the transaction in question is a business to business transaction.…
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Some people have a gift for administration. But if you’re like most of us, then managing your timesheets and invoices is a chore that is easily ignored, overlooked or rushed through at the last minute.
If you’re moving from a permanent job, you’ll quickly find that contract administration becomes a much more vital part of your role.…
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