There are plenty of reasons why small business needs another source of business financing other than their own costs. One of them is irregular cash flow caused by delays in client payments and emergency expenses. You may apply for a traditional bank…
Payment cards are no longer just tools for transactions – they’re strategic assets. In today’s embedded finance landscape, branded card programs help companies unlock new revenue, increase customer loyalty, and scale fast. Wallester’s White-Lab…
Media buying in 2025 isn’t just competitive – it’s cutthroat. In Europe alone, social media ad spend is projected to hit €37 billion, with markets like the UK, Spain and Germany leading the way — all with over 77% of their populations online. T…
Software as a Service, or SaaS, represents a transformative shift in the way software is delivered and consumed. It allows users to access applications via the Internet rather than installing and maintaining programs on individual devices. This model…
Online shopping has become an essential part of modern life, but the growth of digital payments has raised concerns about security for consumers and businesses alike. 3D Secure (3DS) adds an extra layer of protection by verifying the identity of the…
For small businesses in the UK, managing financial reporting doesn’t need to be challenging. Abridged accounts offer a practical way to meet legal requirements while protecting sensitive business information. Before the introduction of these reports,…
Global payment volumes are exploding, and more companies than ever are asking the same question: How do we embed finance into our business without building a bank from scratch? The answer: white-label card issuing. Whether you’re a fintech star…
In a world where digitalisation is advancing rapidly, the European Union and the United Kingdom are taking a decisive step: making electronic invoicing mandatory for all businesses. This isn’t just another regulatory change. With estimated loss…
Running a business in the UK means dealing with taxation, financial reporting, and regulatory compliance. One of the most essential identifiers for tax purposes is the Unique Taxpayer Reference (UTR) number. Issued by HM Revenue and Customs (HMRC), t…
Creating an effective budget is essential for running a successful business. Companies often need to decide between bottom-up and top-down budgeting when planning their financial strategy. These two methods influence how organizations distribute reso…
Understanding how paper-based payments work remains important for many people and businesses in the UK. While electronic transactions dominate modern banking, this traditional payment method continues to serve as a valid form of transaction for speci…
Understanding the difference between allowable and disallowable expenses is important for UK businesses and self-employed individuals. This knowledge directly impacts how much tax you pay and helps you maintain accurate financial records. Whether you…
PCI compliance protects payment card data from theft and misuse by setting clear security standards for businesses that process, store, or transmit such information. These standards help minimize risks associated with data breaches and fraud. PCI DSS…
Managing company expenses can become complex when contract employees are involved. Traditional methods, such as reimbursements, often cause delays, lead to paperwork overload, and create issues with tracking business spending. An expense card specifi…
Finance teams are frequently slowed down by obstacles that delay period closings and create ongoing frustration. With Wallester Business, you turn these challenges into strategic opportunities by automating, integrating, and optimising your processes…
What is a business budget? A business budget is a plan that outlines estimated income and expenditures over a specific period. It assists companies to track cash flow, allocate resources effectively, and avoid budgetary setbacks. Without one, it’s ea…
Sundries are small and random costs that occasionally appear in your profit and loss statement. But what is a sundry expense exactly? We can help you with that. This guide will aid you in determining and classifying sundry expenses in accounting. Con…
Companies lose an average of 5% of annual revenue to fraud. That’s not a typo. Five percent—gone. And a significant chunk of that loss comes straight from within: nearly a quarter of employees admit to inflating or falsifying expenses on their claims…
