Managing payroll, supplier payments, and unexpected expenses (all the while waiting for customer payments to come through) is a daily struggle for CEOs and CFOs in South Africa. To stay afloat, you must take action to optimise your cash conversion cycle (CCC). This metric tracks how quickly you turn...

For small to medium-sized enterprises grappling with the ups and downs of growth and operational demands, waiting 30 to 90 days for invoice payments isn’t just inconvenient – it’s often unsustainable. This is where invoice factoring comes into play as a strategic tool for financial man...

Effective cash flow management will remain critical for small and medium enterprises (SMEs) navigating the complexities of today’s economic landscape in 2024. With 82% of small businesses struggling due to poor cash flow management, the pressure is on to evolve. This year, we see SMEs leveraging g...

Confidence in the government’s efforts to support their development has risen among South Africa’s small-to-medium enterprises (SMEs), now standing at 59%. This leap reflects a 12% point increase from the last quarter and 4% over the past year. Such optimism among SMEs is encouraging, especi...

Are you a small-to-medium-sized enterprise struggling to pursue ambitious growth strategies because you lack financial backing? This is where post-commencement finance (PCF) can help. PCF allows you to cover critical expenses and invest in key growth areas without compromising your long-term vision....

In 2024, South African small businesses are operating in an economic landscape marked by high unemployment rates, fiscal constraints, the ongoing impact of the global pandemic, upcoming elections, and wars within and beyond our country’s borders. Amidst these challenges, businesses are pursuing fi...

Financial management becomes more challenging as you grow your business. According to Forbes, 70% of small and medium-sized enterprises (SMEs) face significant hurdles in scaling up their operations. Moreover, it’s actually cash flow that 60% of SMEs consider a consistent barrier to their growth (...

IBM reports that 50% of companies that adopted artificial intelligence (AI) for cash flow forecasting experienced a 20% (or more) decrease in forecasting errors. In the realm of financial management, where every cent counts (literally), the value of AI cannot be overstated. AI and machine learning (...

The factoring market is expected to experience an impressive Compound Annual Growth Rate (CAGR) of 5.99% between 2022 and 2028. This supports what the experts predict: that the factoring market is growing, and as 2024 approaches, factoring companies will need to adapt to the challenges and opportuni...

Cash flow is a common struggle among small businesses; 82% of failed businesses cite cash flow problems as a significant contributor, while a global study reveals that 61% of small businesses battle to maintain cash flow. However, there is a lifeline: invoice factoring. Invoice factoring can turn yo...