With a raft of SME data now available, the challenge is in being able to access it quickly and efficiently to make it fit for purpose In our last blog, we talked about the lending journeys experienced by both small businesses and the lenders they rely on. With the advent of digitalisation and a proliferation of accounting software solutions …
Real-time management account data the key for SME lenders Read More »
How lenders can use data to drive quicker, more informed loan decisions for small and medium sized businesses. Small businesses in search of working capital often rely on loans to help them through choppy early waters. In some cases, relatively small amounts can mean the difference between success and failure. Banks and other lenders are constantly looking for ways …
Two sides of the same coin – The SME lending journey Read More »
Sir Donald Brydon has published his eagerly anticipated review into audit quality and effectiveness and has included submissions from Validis on how to implement technology changes that will fundamentally improve the audit quality and help identify fraud. The Report makes 64 recommendations on how to deliver a more robust and transparent audit framework in the …
Validis supports Sir Donald Brydon’s audit quality review Read More »
There is a technological revolution occurring across financial and professional services that, coupled with changing consumer expectation and behaviour, creates an opportunity to drive a step change in the quality and effectiveness (audit efficiency) of the audit practice. Audit is under pressure Recent high-profile commercial failures have only increasedscrutiny on a market that has long …
Walking the regulatory tight rope: How to deliver a higher quality audit Read More »
Jeff Gramlich, VP of Accounting Technology at Validis, joined Accounting Today’s Daniel Hood recently to talk all things audit. The conversation ranged from how to drive efficiencies and quality improvements, to the upcoming audit reform, technology adoption and the audit reform of the future. To listen to the podcast and learn more about audit reform …
Key discussion points from our SME lending breakfast Earlier this month we ran a breakfast briefing in London for all our UK lending clients, brokers and partners. I’m pleased to say it was an informative and engaging session and the feedback from those that attended has been overly positive. We were lucky that an excellent selection of …
SME Lending Has Reached a Crucial Phase in Its Evolution Read More »
Bank robbery has been happening as long as there have been banks. But today’s robbers use keyboards instead of pistols and ski masks. The biggest bank heists aren’t a single hacker emptying your granny’s bank account from his basement. Cyber-attacks are highly organized, systematic, and brutal. Imagine a massive bank that holds the commercial loans of …
Protect Your Bank (And Customers) From Cyber Attack Read More »
The eagerly awaited findings from the Small Business Finance Markets 18/19 research report have been published by the British Business Bank this month and it paints a cautionary tale due to increased economic uncertainty. Held as a barometer for the attitudes and behaviours of the UK small business community, the report revealed two broad themes. …
Economic uncertainty impacting SME lending in the UK Read More »
Validis Staff Interview by Sheena VanDeVanter When I first met Geraldine Peyer, Sr. Customer Support Specialist at Validis, I was immediately taken by her charming French accent. Overhearing her on the phone was more like listening to lilting poetry than detailed technical support, something she provides to our clients on a daily basis. I recently had …
Small businesses are the backbone of the U.S. economy and present a big opportunity for financial institutions, particularly now. Despite years of sluggish growth, we’re currently seeing steady increases in entrepreneurship with signs of continued growth ahead. In fact, the NFIB Small Business Optimism Index soared to 108.8 in August – a new record in …
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