With spring now upon us, it’s time to refresh your working day and think about how to squeeze more value from your time. Working smart is something we think about a lot at GoCardless, so here’s a selection of our favourite tips and productivity hacks. From standing desks to white noise, and clever apps to handwritten lists - we hope you’ll find some useful ideas in here to turbocharge your own workflow.
Optimism was certainly in the air today at the Tech Nation event, where the UK’s brightest technology minds gathered to discuss the newly released report from Tech City.
Despite Brexit looming on the horizon, the UK tech scene is well-equipped to make the most of the country’s departure from the EU. As the digital capital of Europe, the UK secured £6.8 billion in tech investment in 2016, over 50% more than any other European country. That's likely to stand the country in good stead as its EU divorce gets underway.
Although the lion’s share of investment is still London-centric, the rest of the UK is starting to grab its share of the pie too. The shape of digital tech investment is changing and regional players are now accounting for two-thirds of UK tech investment; that’s £4.6 billion.
We’re excited to announce our new service plan - GoCardless Plus.
With Plus, when you collect payments from your customers, your name stays at the forefront of their minds.
When using GoCardless Standard, customers see ‘GoCardless Ltd’ on their bank statements, followed by a mandate reference
which includes your company name. However, only some banks display the second part of the reference we provide.
GoCardless Plus gives you your own Service User Number (SUN) for Bacs
or Creditor Identifier (CID) for SEPA.
Your customers will always see your business name on their bank statements, every time a payment is collected from
their account on your behalf.
We’re excited to announce ChartMogul as our latest integration.
This is great news for those of you who are already using GoCardless to take payments for your subscription business. You can now use the power of the ChartMogul analytics platform to measure results, understand data and grow your business.
Success for small businesses in the UK is more elusive than ever these days thanks to a weakened pound and intense competition in all markets.
Thousands of the UK’s small and medium enterprises have told us that managing cashflow is a constant struggle. In some cases it can take up to 13 days for an invoice to get paid.
Cashflow is the lifeblood for any organisation, so waiting a fortnight for payment can wreak havoc on a company’s finances. Time spent chasing late-paying customers could instead be used for growing the business.
It's that time of year again and we don't just mean Christmas. The Bacs Direct Debit 2017 processing calendar is now available, so you can easily check the dates when Bacs will process Direct Debit payment submissions in 2017. The calendar also shows which days Bacs won't process payments, bank holidays and weekends, so you can plan around that.
If you're using GoCardless, there's no need to plan your payments submissions with the Bacs processing calendar. We take care of submission dates for you and we'll automatically submit your payments to Bacs on the relevant day. This means you simply choose on which dates you'd like to charge your customers, and we'll do the rest.
Feel free to get in touch with us at firstname.lastname@example.org if you have any questions about the timing and scheduling of Bacs payments.
Looking to automate Direct Debit collection timings?
2016 has been a rollercoaster of a year. Here at GoCardless HQ, we’ve certainly had an exciting time.
In this post, we look back at some of our most memorable moments from the year gone by - including big wins, things we’ve learned, new friends, and fun events - all infused with the usual dynamic GoCardless spirit.
We’ve hit some significant milestones this year, including reaching £1.5 billion of processing volume in July, and helping over 20,000 merchants every month to take payments more effectively. We’ve also ramped up our European operations, enabling even more customers to take payments across the eurozone.
In September, we launched a survey on the burgeoning subscriptions industry in our UK and European markets, aiming to find out what people thought of the various different payment methods. The results showed an outstanding victory for Direct Debit, especially in the UK, which was great news for us too!
A couple of months later we entered the prestigious Deloitte Fast50 Awards - and won first place in the fintech category, and second place overall out of 50 of the UK’s fastest-growing companies. Then, just weeks later, we reached the top ten of the Deloitte Fast 500 EMEA Awards, which have a more global focus - honouring the best innovators in Europe, the Middle East and Africa.
It was only a few weeks ago that we at GoCardless were busy celebrating our outstanding performance in the recent Deloitte Fast 50. We’re delighted to announce another big success.
Last night, GoCardless reached the top 10 of the Deloitte Technology Fast 500 EMEA awards, presented in Paris.
In this competition the stakes were much higher than before. We were up against a diverse range of cutting-edge tech companies from all over Europe, the Middle East and Africa. So it was a significant achievement for us to make it to tenth place in the overall ranking, putting us in the top 10.
Bacs broke new records recently when it processed the staggering figure of 109.3 million payments in just one day. The figure, achieved in September, overtakes the previous daily high of 103.7 million transactions, recorded in April, and represented an increase of 5.4%.
Thanks to this achievement, Bacs already looks set to overtake the figures it set in 2015, when over 6 billion transactions were processed for the first time, reaching a value of £4.6 trillion. That included an impressive 3.9 billion Direct Debits, an increase of 239 million compared to the previous year. Bacs (short for Bacs Payment Schemes Limited) is the organisation behind Direct Debit, the popular UK payment system.
We’re thrilled to announce that GoCardless took first place in the fintech sector in the prestigious
UK Fast 50 Awards. We were also awarded second place overall.
Our growth rate was an impressive 6661%!
Robert Whiteside, our VP of Sales, said: “We’re so pleased to recognise the hard work done by the team over the years to build a great
solution that our customers love using.
“It’s exciting to see that you can take a proven and popular payment method like Direct Debit and make it fit for the digital age, unlocking
so much potential for our merchants who are working hard to bring modern solutions to the market. We’ve been privileged enough to help
great businesses get off the ground and scale, and in turn grow with them to such an extent that we’re recognised as a leader in our peer
GoCardless Ltd.338-346 Goswell Road,
GoCardless (company registration number 07495895) is authorised by the Financial Conduct Authority under the Payment Services Regulations 2009, registration number 597190, for the provision of payment services.