The business impact of the Covid-19 pandemic has been huge, creating a downturn that no one saw coming. Many UK businesses are coming out of the crisis looking battered, bruised, and propped up by the government-backed loan and furlough programmes. As the government support ends and loan repayments begin, deferred VAT bills and lower revenues make for a challenging year ahead. But there is hope.
In this guide, we’ll explore how you can free up time for your business through an automated accounts payable (AP) solution, and how this helps you analyse your financial data and start managing your cash flow more proactively in the medium-term future and beyond.
If you’re feeling the pinch and want to get in full control of your cash position, we’ll run you through the key ways to do this. And we’ll explore the ways that software, automation, and data visibility help to revolutionise the capabilities of your finance team.