Local businesses are being encouraged to take advantage of a free expert-led session exploring how technology and artificial intelligence can help improve cash flow, reduce administration and speed up payments.
The Department for Business and Trade’s Business Academy has released a short on-demand video, Using Technology and AI to Improve Cash Flow and Payment Performance, featuring Gordon Stuart from Sage.
The practical 16-minute session highlights how businesses can use digital tools, automation, AI-powered workflows and open banking solutions to streamline financial processes and improve payment performance. The session is aimed at businesses of all sizes, from sole traders and start-ups through to established SMEs and larger organisations.
Viewers will learn:
- How automated invoicing can reduce manual administration and save time.
- Ways AI-powered systems can help manage overdue payments.
- How open banking and connected financial tools can support healthier cash flow.
- What upcoming changes, including Making Tax Digital and e-invoicing, could mean for businesses. Late payments and cash flow challenges remain a significant concern for many businesses. The session provides practical advice on how emerging technologies can help businesses spend less time on administration and more time focusing on growth.
Watch the free session and explore the Business Academy’s on-demand learning resources today.
For more information and access to the Business Academy resources, visit the Department for Business and Trade’s Business Academy platform.