Caroline Lyons
New & nifty time-saving applications
Forget about copy & paste... The best ideas always spark from conversations we have with our clients and so was the case with our latest...
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Caroline Lyons
- Mar 12
- 2 min
How to drive cost optimisation across your organisation
An essential business practice, cost optimisation tends to include tasks such as obtaining the ‘best’ prices and terms for purchases, it...
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Caroline Lyons
- Feb 29
- 3 min
Is Cash still King?
In this current economic climate, financial stability should be of paramount importance to the financial director or partner of any firm....
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Caroline Lyons
- Dec 6, 2023
- 2 min
Avoid hefty fines with the CreditForce SRA RCAB Compliance Controller
The SRA (Solicitors Regulation Authority) - regulator of solicitors and law firms in England and Wales - sets out a number of rules and...
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Caroline Lyons
- Oct 16, 2023
- 2 min
Effective Residual Account Management
The SRA (Solicitors Regulation Authority) - regulator of solicitors and law firms in England and Wales - sets out a number of rules and...
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Caroline Lyons
- Sep 26, 2023
- 1 min
CreditForce is live & in-use at Blacks Solicitors
We are delighted to announce that CreditForce is live and in-use at Blacks Solicitors LLP in Leeds Blacks Solicitors have implemented the...
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Caroline Lyons
- Sep 12, 2023
- 3 min
The Importance of Being Earnest-with Provisioning
In the good old days… It was possible to use cash accounting for revenue recognition in legal and other professional services...
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Caroline Lyons
- Sep 7, 2023
- 3 min
Accounts receivable best practices for long term financial stability
Best practices of accounts receivable for long term financial stability Appropriate and efficient management of accounts receivable is...
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Caroline Lyons
- Aug 25, 2023
- 2 min
Why Work in Progress Accounting Schedules are so Important
Work in progress accounting schedules A Work in Progress (WIP) report can be an invaluable tool for assessing the quality of internal...
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Caroline Lyons
- Aug 18, 2023
- 2 min
How to improve client and customer experiences with credit control software
Improving client and customer experiences with credit control software Effective credit control software can have a significant impact,...
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Caroline Lyons
- Jul 10, 2023
- 2 min
DSO reduction strategy: how to reduce DSO
Strategies to reduce DSO and improve cash flow DSO, otherwise known as Days Sales Outstanding, is a key metric of accounting teams and...
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Caroline Lyons
- Jun 2, 2023
- 2 min
How to Optimise Collections Management?
Optimising collections management in the industrial, commercial and government sectors Finding ways to optimise your collections...
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Caroline Lyons
- May 10, 2023
- 1 min
CreditForce Tips & Tricks Webinars-Episode 2
E2—Valuing Working Capital & Uncovering the truth (However Inconvenient) In episode 2 of our CreditForce tips & tricks webinars we will...
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Caroline Lyons
- May 2, 2023
- 2 min
Reducing risk in Collections Management
The importance of reducing risk in collections management Exposure to risk is a very real issue for businesses the world over and,...
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Caroline Lyons
- Apr 24, 2023
- 2 min
The role of automation in invoice management
How can automation transform the invoice management process? Invoice management is an integral internal business function that serves to...
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Caroline Lyons
- Mar 24, 2023
- 2 min
Artificial Intelligence in Finance
How AI is transforming finance & financial services Discussions around Artificial Intelligence (AI) are everywhere, with many businesses...
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Caroline Lyons
- Feb 16, 2023
- 2 min
How to know when an invoice has been sent
For many of our legal clients, the sending out of invoices is the responsibility of the Partners or the Partners’ Secretaries. This can...
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Caroline Lyons
- Jan 16, 2023
- 2 min
How to Solve Working Capital Problems
How to improve issues with working capital management Working Capital Management is a complex business of managing short-term assets and...
33 views0 comments
Caroline Lyons
- Jan 6, 2023
- 2 min
Why your firm's New Year’s resolution should be to optimise your billing cycle
How and why you should optimise your billing cycle Traditionally, the turn of a New Year is an opportunity to set new goals - whether...
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Caroline Lyons
- Dec 19, 2022
- 2 min
Why is Invoice Management so Important?
The importance of invoice management If you work within a law firm or large commercial organisation, you’ll understand how difficult it...
33 views0 comments
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