TakingStock – Financiers watch their Ps and Qs.

TakingStock - Financiers watch their Ps and Qs.

With all the image changing and dress-down policies, one could presume finance professionals had lost their penchant for tradition.

But no. New research into client-supplier relations by the Royal Mail has revealed finance companies are sticklers for correct grammar and attention to minutiae.

The study showed suppliers’ sloppy grammar and poor attention to detail were costing UK companies up to #2bn a year in lost business.

Missed deadlines, typos, grammatical errors and getting someone’s name repeatedly wrong are the most likely causes of financial institutions dumping suppliers.

TS however found this a tad contradictory given the scientific evidence that the mathematically-minded rarely excel in English. And to support this, TS would like to point to the huge level of grammatical faux pas in letters received here from finance types!

Share

Subscribe to get your daily business insights

Resources & Whitepapers

The importance of UX in accounts payable: Often overlooked, always essential
AP

The importance of UX in accounts payable: Often overlooked, always essentia...

2m Kloo

The importance of UX in accounts payable: Often ov...

Embracing user-friendly AP systems can turn the tide, streamlining workflows, enhancing compliance, and opening doors to early payment discounts. Read...

View article
The power of customisation in accounting systems
Accounting Software

The power of customisation in accounting systems

2m Kloo

The power of customisation in accounting systems

Organisations can enhance their financial operations' efficiency, accuracy, and responsiveness by adopting platforms that offer them self-service cust...

View article
Turn Accounts Payable into a value-engine
Accounting Firms

Turn Accounts Payable into a value-engine

3y Accountancy Age

Turn Accounts Payable into a value-engine

In a world of instant results and automated workloads, the potential for AP to drive insights and transform results is enormous. But, if you’re still ...

View resource
8 Key metrics to measure to optimise accounts payable efficiency
AP

8 Key metrics to measure to optimise accounts payable efficiency

2m Kloo

8 Key metrics to measure to optimise accounts paya...

Discover how AP dashboards can transform your business by enhancing efficiency and accuracy in tracking key metrics, as revealed by the latest insight...

View article