Gavin Hinks talks to David Jetuah about the review of pre-pack administrations and whether they are doing they job they were designed for. Judith Tydd also talks about the growing concerns over HMRC's decision to outsource its debt collection process.
I have my deepest concern on this issue as they are interested in their objectives rather than addressing the issues of mistakes which on most occassions there are. I know of a client where HMRC made £8k of mistakes and this is still not corrected until it hits the Tribunals
Posted by: Peter Lee, 06 Jul 2009 | 00:00
The interview mentioned that the positive of pre packs is that 88% of jobs were saved in these businesses. Has any research been done to say how many jobs have been lost in the supply chain or how much additional cost has been incurred by these supplier companies - insurance costs, bank costs, professional costs, etc.
Posted by: Michael Watson, 18 Jul 2009 | 00:00
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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