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Caroline Lyons
Nov 18, 20243 min read
What's New?
Implementation & Support We are pleased to announce that our once Junior Developer, Tom Colling has now completed 4 years with Innovation...
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Caroline Lyons
May 10, 20242 min read
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, 20242 min read
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, 20243 min read
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, 20232 min read
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, 20232 min read
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, 20231 min read
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, 20233 min read
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, 20233 min read
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, 20232 min read
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, 20232 min read
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, 20232 min read
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, 20232 min read
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, 20231 min read
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, 20232 min read
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, 20232 min read
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, 20232 min read
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, 20232 min read
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, 20232 min read
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...
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Caroline Lyons
Jan 6, 20232 min read
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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