Cashflow is the lifeblood of your business. That’s why we’ve built a platform that’s all about bridging the unforseen gaps in funding — to ensure your enterprise always has the liquidity it needs.
What is Satago? The average business spends two full days every month manually chasing invoices. And yet, many still suffer from late payments. Pay.uk put the annual cost of late payments on small businesses at a shocking £23.4bn. Satago solves this problem. The award-winning app integrates with over 300 accounting platforms and leverages behavioural informatics, […]
The IMF estimates that GDP will fall by 10.2% in the UK and the entire world economy will shrink by 4.9% this year, making it the worst recession since the 1930s’ Great Depression. For all UK business owners, cashflow issues are a concern. Late payment from clients and gaps in cashflow can be the difference […]
Running a small company is a risky business. At every turn there are threats that could dampen your success. What if cash runs low? What if customers pay late? Or don’t pay at all, leaving you with bad debt? It’s frustrating that even when business is good and you’re gaining new customers, there are still […]
What is Satago? Satago is a three-in-one cash management platform that provides risk insight, automated credit control and single invoice finance to businesses and accountants. The award-winning app integrates with over 300 accounting platforms and leverages behavioural informatics, artificial intelligence and open banking to help you spot credit risks, get paid faster and access fast, […]
The Corporate Insolvency and Governance Act (CIGA) became law on 25 June 2020. The act was designed to give companies which are facing insolvency the breathing space to turn things around. The changes outlined in CIGA were initially put forward in 2016 but have been fast-tracked due to COVID-19. In this article, we’ll discuss how […]
We’ve all been there. You invoice a customer promptly, include all relevant payment details in your email, but when you come to check your accounts on the due date, no payment has been made. You spend the next few days being passed from pillar to post. Sarah needs to sign off the invoice but she’s […]
The way we work is changing. Lockdown may have sped up the process, but this shift has been in the pipeline for some time. Remote working is the ultimate two-way benefit. Business owners can save a chunk of money by cutting down their office space and employing staff more flexibly. Whilst employees can escape their […]
Cashflow issues are often cited as the number one reason why small businesses fail. With this in mind, here are four tips to help you manage your business’ cashflow better. Know your customers All business is good business, right? Well, not necessarily. Before agreeing to supply goods or services to a customer on credit, business […]
