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Welcome
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Graydon’s new Managing Director
Alexander Schwendtner tells us of his plans for the future
What attracted/attracts you about
the role of MD at Graydon?
The fact that Graydon has a very clear focus.
Many companies these days are offering different levels of service and different
levels of quality in order to maximise their profit though customer segmentation,
while others make no compromises and simply offer best-in-class quality. Think Rolls
Royce versus 3 tier private label strategy in supermarkets. Whilst lower quality
products are acceptable in some industries, they most certainly aren’t when it comes
to credit risk.
Graydon’s premium approach therefore provides an excellent platform for growth if
combined with attractive and relevant applications, which I’m looking forward to
be developing in close co-operation with our clients.
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Graydon UK research study set for
Westminster launch
The findings of an investigative report
commissioned by Graydon UK and exploring the latest trends in trade invoice payment
came under discussion at Westminster last week. The research which canvassed
the views of 500 UK small businesses was produced in partnership with business lobby
group the Forum of Private Business (FPB), revealed that:
- 51 per cent of companies cite that the late payment of trade invoices is a problem.
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View from the top: Think global
but don’t forget the credit basics when exploring exporting
Speaking recently to an audience of over
400 UK companies in Manchester, Business Secretary Vince Cable lamented how, despite
India’s emergence as an economic growth powerhouse, UK firms remain more likely
to do business with neighbouring Ireland at a time of enormous economic turbulence
on the Emerald Isle.
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Is this you?
Graydon UK recently surveyed over 300 credit professionals across the UK. Perhaps some of their findings are predictable; perhaps some will surprise you...
Mature?
Almost three-quarters (71%) of credit professionals are aged over 40; 10% are aged over 60.
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Settled?
Over half the respondents (51%) have been in their current role for more than five years; a little more than a quarter (27%) have been there for a decade or more.
Autonomous?
Almost two-thirds (63%) of companies employ fewer than five people in the credit function.
Frustrated?
23% of respondents have never attended a professional training course. However, almost half (48%) wish to do so.
Active?
Respondents' most popular pastimes were reading (59%) and visiting the cinema (43%). The more active respondents were most likely to enjoy football (29%) and swimming (27%).
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The survey findings contain a great deal more information. Click here for the full results.
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Tell us what you think
We want to hear from you about our newsletter - what can we improve, and what kind of stories do you want to hear about?
Click here to give us your feedback
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Graydon in the news
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Government should use public sector procurement to tackle late payment, says Forum
April 30, 2012 - CCR Magazine, ccrmagazine.com
With the Government this week updating a list of public sector procurement projects worth £70 billion, the Forum of Private Business (FPB) has said the ensuing tendering process should take into consideration the length of time contractors take to pay their suppliers.
Read more >>
Small construction companies threatened by late payments, research shows
April 30, 2012 - Out-Law, out-law.com
Almost one third of small construction companies say that they have come close to being put out of business due to liquidity problems caused by late payments, according to new research.
Read more >>
Businesses fail to tackle late payment online
April 29, 2012 - Gadgets and Tech, gadgetstech.co.uk
According to a study of 500 small businesses by credit referencing agency Graydon and the Forum of Private Business (FPB), 51 per cent of companies cite late payment of invoices as a problem.
Read more >>
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Follow us on:
Graydon UK Limited Hygeia Building, 66 College Road, Harrow, Middlesex HA1 1BE
+44 (0) 20 8515 1444 mail@graydon.co.uk
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