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05 Jan 2009
The shortage of credit is the biggest problem facing business in 2009, according to Deloitte's latest quarterly survey of finance directors.
The survey revealed that 99% of those surveyed said credit was hard to find - a substantial increase on the 55% who said the same thing a year ago.
The Financial Times quotes one FD in the survey saying: 'They have stopped lending even to sound businesses with long track records and relationships. They are no longer banks.'
Results from the research show that main concern of FDs this year will be strengthening balance sheets, maximising cash flow, cutting costs and improving investor confidence.
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Briefings
By looking at the reasons supplier statements became unfashionable, and the reasons why it is different today, this paper delves into the many benefits that can be obtained by automating the process.
Having a real and true view of your organisation’s current financial position, and having the right systems and processes in place, will ensure that you can make strong choices and are ready to capitalise on opportunities
AccountancyAgeInsight is a frequently updated resource centre for finance professionals, offering a free and easy-to-use digital library of briefings, white papers and other information resources. 
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