Countingup, the provider of a business current account with online accounting software built-in, is claiming a world-first after updating its platform to offer journals and financial reports.
Adding a journal enables accountants to adjust the ledger so that transactions not already captured through banking, bills and invoices can be included. This would include depreciation, accruals and prepayments.
Mar 31, 2020
Countingup, the provider of a business current account with online accounting software built-in, is claiming a world-first after updating its platform to offer journals and financial reports.
Adding a journal enables accountants to adjust the ledger so that transactions not already captured through banking, bills and invoices can be included. This would include depreciation, accruals and prepayments.
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BMW Bank has appointed Kathrin Kerls as its new chair of the board of management.
She will take up the position in April and replaces Hans-Jürgen Cohrs, who is due to step down on the same date. He will remain to support her until he officially retires in June.
Mar 30, 2020
BMW Bank has appointed Kathrin Kerls as its new chair of the board of management.
She will take up the position in April and replaces Hans-Jürgen Cohrs, who is due to step down on the same date. He will remain to support her until he officially retires in June.
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Europe’s largest finance companies and their subsidiaries have set out their responses to the COVID-19 pandemic.
Organisations across the continent have published their intentions to assist clients that face lengthy periods without trading as the crisis accelerates.
Mar 30, 2020
Europe’s largest finance companies and their subsidiaries have set out their responses to the COVID-19 pandemic.
Organisations across the continent have published their intentions to assist clients that face lengthy periods without trading as the crisis accelerates.
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Small and medium-sized businesses (SMEs) are finding it progressively harder to stay afloat amid the COVID-19 pandemic, especially those in the hospitality and retail sectors, according to Chirag Shah (pictured above), chief executive officer at Nucleus Commercial Finance.
He stressed: “The government has a vital role to play in supporting SMEs across the country, and the recent announcement of £330 billion of government-backed loans demonstrates the Chancellor’s commitment to doing just that. Supporting UK businesses is vital to the growth of our economy, and we hope that these measures will provide British businesses with the support they need at this challenging time.”
Mar 27, 2020
Small and medium-sized businesses (SMEs) are finding it progressively harder to stay afloat amid the COVID-19 pandemic, especially those in the hospitality and retail sectors, according to Chirag Shah (pictured above), chief executive officer at Nucleus Commercial Finance.
He stressed: “The government has a vital role to play in supporting SMEs across the country, and the recent announcement of £330 billion of government-backed loans demonstrates the Chancellor’s commitment to doing just that. Supporting UK businesses is vital to the growth of our economy, and we hope that these measures will provide British businesses with the support they need at this challenging time.”
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Ramping up their ever-present contact with members, government departments and regulators, the Finance & Leasing Association (FLA) is shifting the focus of its work onto gathering intelligence on how the industry is reacting to the COVID-19 pandemic in order to better position themselves to support it.
According to Simon Goldie, head of asset finance at the FLA, this reflects the fact that things are changing on a daily basis with each new government announcement, and the association is “working hard to make sure it understands everything that’s being put out, that it is communicating it back to its members, and seeing if there are areas that can be improved.”
Mar 27, 2020
Ramping up their ever-present contact with members, government departments and regulators, the Finance & Leasing Association (FLA) is shifting the focus of its work onto gathering intelligence on how the industry is reacting to the COVID-19 pandemic in order to better position themselves to support it.
According to Simon Goldie, head of asset finance at the FLA, this reflects the fact that things are changing on a daily basis with each new government announcement, and the association is “working hard to make sure it understands everything that’s being put out, that it is communicating it back to its members, and seeing if there are areas that can be improved.”
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The Coronavirus epidemic has thrown into sharp focus the vital importance of businesses being agile and able to adapt to change in both the long and short-term.
Business leaders have had to respond quickly and think differently about how they run their operations and, for the most innovative companies, this has played to their strengths.
At Close Brothers Asset Finance, adapting to change is part of the culture; the business prioritises close industry relationships so it can respond as markets develop and change, ensuring its products and services meet customer needs and the business remains resilient.
Asset Finance International caught up with chief executive officer Neil Davies (pictured) as the business engaged new working methods in response to the virus by getting employees to work from home, where possible, increasing video and telephone conferencing, and limiting travel between the offices that remain open, while maintaining high service levels in response to customer needs.
Mar 24, 2020
The Coronavirus epidemic has thrown into sharp focus the vital importance of businesses being agile and able to adapt to change in both the long and short-term.
Business leaders have had to respond quickly and think differently about how they run their operations and, for the most innovative companies, this has played to their strengths.
At Close Brothers Asset Finance, adapting to change is part of the culture; the business prioritises close industry relationships so it can respond as markets develop and change, ensuring its products and services meet customer needs and the business remains resilient.
Asset Finance International caught up with chief executive officer Neil Davies (pictured) as the business engaged new working methods in response to the virus by getting employees to work from home, where possible, increasing video and telephone conferencing, and limiting travel between the offices that remain open, while maintaining high service levels in response to customer needs.
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Money no object as EU leaders pledge €1.7 trillion to fight economic cost of Coronavirus
EPAM seeks to predict the future of connected cars and their impact on the auto industry
Finance companies warned against relying on outdated technology
Bluestar Leasing implements enhanced cyber security
