23rd August 2016
For those SME accountants whose clients use invoice finance – regardless of if they’re new to it or fully proficient – Lifecycle’s Cashflow Maximisation service, Optimise, can help manage working capital more efficiently.
This service provided by the Lifecycle network provides monthly reports that highlight exactly where the invoice finance facility is working and identifies where it can be improved. Each month it highlights cashflow performance and details opportunities to increase funding or reduce costs.
Optimise opportunities
For as little as £85 per month, SME accountants and their clients have access to a dedicated helpdesk to answer all invoice finance related questions they may have.
Additional benefits include:
- Improved cashflow by overcoming challenges of low funding – whether from high disapprovals, high retentions or a customer’s poor credit rating
- Expert evaluation on the suitability of their ‘initial percentage’
- Opportunities to increase availability of cash
- Guidance on how to manage a funder’s expectations and ‘make your client’s case’
- Cost-effective funding that avoids unnecessary additional charges, including support with fee negotiations
For more information on how Optimise can be of benefit to your SME clients, click here.
About the Lifecycle network
Lifecycle is a unique network for accountants – provided by the Leonard Curtis Business Solutions Group.
It provides member accountants with a comprehensive range of specialist services – and the expert support required – to improve their client offering at every stage of a business’ lifecycle. From company formation to cessation and all stages in between.
Lifecycle is free to join and also offers members many additional benefits. These include eligibility for a highly competitive Professional Indemnity insurance scheme, a regular programme of free training and education and discounts on products and services relevant to their business and clients’ needs.
Services offered by Lifecycle include: Company secretarial and formation; equity finance for SMEs; debt advisory for SMEs; personal debt advice; corporate restructuring, insolvency and cessation; debt finance for SMEs; cashflow maximisation; property solutions and legal services.
For more information on Lifecycle click here and to become a member of Lifecycle click here, call for free on 03300 242 333 or email hello@lclifecycle.co.uk.
Follow Lifecycle on Twitter here.