Kriya's Blog & Company News
Kriya Business Loans are back
Six years after lending £250 million to UK businesses during Covid, we're bringing Business Loans back. This time, we're backed by Allica Bank.
The 5 cornerstones of a strong supplier relationship
No matter what size your business is, maintaining good relationships with your suppliers is essential. Misunderstandings and poor communication lead to errors and frustrations on both sides. Ultimately, these issues can hold up your plans, let down your own customers and cost you money. After the impact of COVID-19 on supply chains, there’s never been a more critical time to strengthen these ties.
Prompt Payment Code offers more help to SMEs
Late payments are one of the toughest problems small and medium-sized businesses face. Waiting 60, 120 or even 180 days to be paid for completed work makes it difficult to balance the books. This affects paying wages, running day-to-day operations and investing in your growth plans. During the pandemic, businesses of every size have experienced even longer and harsher payment terms.
Are your clients prepared for the One Stop Shop scheme for EU VAT?
A new ‘One Stop Shop’ scheme has been introduced which aims to streamline the administration of the VAT process. This means having conversations with your affected clients so you can help them plan for these changes and register for the new IOSS and OSS systems.
How to use tech to streamline your business
Nowadays, business owners are less likely to question the extent to which technology could enhance and streamline their business. It’s clear that every industry has been changed and enhanced by everything from email to AI. Instead you might be wondering how it’s even possible to do business without relying on technology.
What's new at Kriya?
We’ve been busy taking the friction out of business finance. Read all about our latest tech updates and cash flow solutions for small businesses.
What's new at Kriya?
At Kriya, we understand the stresses and frustrations that small businesses go through every day. While we can’t fix everything, we can give you the financial firepower you need to supercharge your cash flow. We believe strongly that the more time you save on admin and finance-related tasks, the more hours you can pour into your business. And that’s exactly where your time should go.
How to improve your customer service
Like many parts of business, customer service has definitely become challenging during the pandemic. Many companies experienced new problems, from supply chain issues to remote working. With these, new complaints and expectations had to be dealt with.
How retailers can hold onto ecommerce customers
Pre-pandemic, building up ecommerce capabilities was a priority for a lot of retail businesses. Then, with national lockdowns and store closures across the UK, it became a lifeline. So where does the shopping experience go from here, and how do you hold onto those new customers?
How to improve working capital
Working capital is an essential part of any business. Your day-to-day operational costs like wages or renting office space rely on a healthy cash balance. On top of that, when businesses look to expand or grow, working capital is vital. Without enough, you simply won’t have access to cash for one-off costs like upgrading equipment.