Does your business suffer from any of these symptoms.....?

• Increasing Bad Debts?
• Slower Customer Payments?
• Increasing Excuses for non-payment and disputes?
• Slow and Time Consuming Credit Control Process?
• Poor Visibility of Credit Control Calls & Outcomes?
• Lack of Cash Availability?

If so, join our brief webinar and we can show you how Credit Hound for Sage 50 & Sage 200

can help speed up cash collection. Please email sales@advent.ie to register

TIME: 2.30PM
DATE: Tuesday 15th May 2012.

Customer Quotes….…..


“Within weeks of using Credit Hound, our overdue balances had reduced by over €100,000”

“Its positive impact on the efficiency of our business has been invaluable. We would happily recommend it to others”.

“Credit Hound has massively increased our efficiency. In less than three months, Credit Hound as reduced the time it takes to get paid by almost a third. We are now getting paid 21 days faster and our debtor days have reduced from 76 to 55”.

The Need for Stability by Ray Ryan

I was in conversation with some of our customers recently discussing business prospects for the future. One of the current major concerns voiced was our dependency as an economy on our export business. This concerned them even though these customers were not in the export business themselves.

As local businesses our customers serve the local Irish marketplace and they are fully dependent upon business generated in the local economy. But the catch is that we can only have this vibrant local economy if our export companies are performing well and maintaining employment.

Oops I thought, Advent is in exactly the same boat as our customers – during our conversations it became evident that one of the immediate concerns was the outcome of the coming referendum on “The Stability Treaty". As an economy being so heavily dependent upon exports we should be very concerned about the outcome. We need to be part of the solution and not part of the problem. It struck me that the risk of being on the outside, if we voted no would completely undermine the stability of our export business thus undermining our own businesses.

So what will saying YES mean for Irish SME's ?

1. External Investor Confidence in Ireland.  Investors will want to know that the Euro will still be around in a few years time.
2. Access to ESM funding – although it is not certain that we will need additional funding, saying Yes will ensure access to funds at a reasonable rate, if we need them.
3. We will need to get our own country finances in order – this is something that we need to do in any case but saying Yes will provide a framework for achieving this. It should guard against such an economic mess from re-occurring in the future.

The important thing to note is that we do know, for sure, what the outcome of saying yes will be, and it will provide stability. We are not sure at all what the outcome of saying no will be. So we can only speculate on the outcome and in my opinion this is not the time to be speculating. Look where speculation brought us to previously. Like all of our customers we desperately need a stable local market and not to gamble, for any reason whatsoever on the future employment prospects in the our economy. Me, I am a big yes for stability.