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Monday, 29 October 2012

Britain's back-office firms 'optimistic for the future'

The optimism of back-office support service firms in the UK has delivered more hope that the country's economy is heading in the right direction.

Such businesses are seen to act as a barometer for corporate Britain, with a study by accountancy firm KPMG detailing their expectations for the months ahead.

According to the research, 59 per cent of bosses in the outsourcing industry questioned stated that they believe that the pace of customer demand will only increase between now and April 2013.

Furthermore, a third of the respondents commented that where new contracts are agreed, profitability is improving. This is an increase from 20 per cent of bosses who thought the same only a year ago.

Another positive sign for corporate Britain was seen in Experian's Late Payment Index, which underlined that businesses, on average, paid their bills almost 1.3 days earlier in the third quarter of 2012 when compared to the same period last year.

Experian's Max Firth commented: "The gap between payment performance of the biggest and smallest businesses has continued to close."

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Posted by John Oak

By: Salespeak News

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