Currently, many SMEs in the UK are experiencing issues because of ‘debanking’. This means that their business accounts are being closed, they are receiving substandard services from the country’s leading banks, and their current and savings accounts have lower interest rates. Let’s analyse why this is the case and how smaller firms could benefit more in financial matters.

Managing purchase invoices and orders is commonly part of financial business activity documentation processes. Filling in and saving these essential documents with data about your business transactions is necessary for compliance and organisation of financial records.

Purchase orders and invoices serve distinct purposes while sharing some similarities. In this article, we’ll explain their features and their value for businesses. You’ll learn how to issue purchase orders and invoices in the UK and how modern digital services help do this automatically to save you time and effort.

We are delighted to share with our readers that Payrow’s collaboration with EdTech platforms has been recognised in a Forbes article by David Balaban, a prominent voice in contemporary cybersecurity and online privacy issues.

By ensuring the safety of financial transactions and securing critical financial data, Payrow addresses key concerns within the EdTech industry. These platforms require robust payment systems that adhere to stringent regulatory standards, such as those set by the Financial Conduct Authority (FCA) in the UK.

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Small and medium-sized business owners always have a lot on their minds. While figuring out how to pay employees for their work and suppliers for raw materials is easy, novice entrepreneurs often find themselves confused when it comes to business taxes in the UK.

No one wants to pay more tax than they have to. In this Payrow article, we will explain how to pay business taxes, how much and when, as well as how to avoid frequent mistakes and simplify your financial management.

The digital age has ushered in a significant increase in fraudulent activities, where fraudsters create false identities to swindle money from either financial bodies or their clientele. Experts anticipate that these criminal acts will become more rampant as artificial intelligence (AI) technology becomes more widespread.

A recent examination of opinions from 500 individuals specialising in fraud and risk within the financial sector, as initially reported by ABC News, highlights a profound concern over the escalating issue of fictitious online entities. The worry centres around whether the current technological measures for security and identity verification utilised by banks and credit service providers can effectively counteract this trend.

If a company is gaining popularity and wants to grow and develop, it needs to attract investment. One popular option is listing on the stock exchange. A company can go public and sell its shares on the stock exchange, which will give it an increase in capital and, thus, a powerful financial resource. According to Ledgy research, 72% of British tech companies prefer to list on the London Stock Exchange (LSE).

However, now there is an active discussion about whether the LSE is a good choice or whether it is better to go to an alternative like the Nasdaq. Let’s explore what is happening in the world of publicly traded companies and shares.

Exporting goods and services is not the easiest way to do business, but many companies still do it. One of the most significant challenges for them is the receipt and distribution of finances. A business owner may have questions: What if a foreign buyer only pays for the goods in three months, but I need the money today? How can I avoid issues with paying salaries, and how should I adjust cash flows?

Let’s find out what export finance is, how the government supports exporters, what the risks and benefits are, and how to make cross-border payments more quickly and easily.

We are immensely proud that our article addressing gender inequality within the FinTech sector was published in the esteemed financial publication on FinTech Finance.

This indicates that the issue of gender diversity is of concern not only to individual companies like Payrow but to the industry as a whole.

We are delighted to raise such crucial topics and to find resonance among media outlets and peers.

Becoming a digital nomad is the choice of many of today’s tech-savvy individuals. There are many reasons for this: convenience, freedom, the ability to work from anywhere in the world, and the fact that there’s no need to go to the office or comply with a dress code.

If you only need a laptop and an internet connection to work, and your income level allows you to choose any country to live in, why not take advantage of it? An important question is how to become a successful freelancer if you follow this lifestyle. Let’s look at how to become an independent digital nomad and succeed in this environment.

In a significant update to Payrow’s offerings, we’re excited to share a golden opportunity for new customers to explore our comprehensive suite of financial services without any upfront cost.

This exclusive offer allows you to dive into the full range of Payrow’s capabilities by choosing any plan – completely free for the first 30 days. This is your chance to discover the most advantageous and convenient plan tailored to your business needs.