AccelerateHER Winner gives back to Female Entrepreneurs and Angels

Winner of the AccelerateHER Awards 2022 in partnership with Barclays Eagle Labs, Lynne Darcey Quigley is giving back to female founders and angel investors by offering her award-winning credit management platform free to AccelerateHER and Investing Women members.

Late payments are crippling UK SMEs, putting over 400,000 at risk of failure. With the value of overdue invoices increasing by 22% in just 12 months the crisis is only getting worse.

Know-it is a solution to late payments as it makes credit control accessible to SMEs, allowing them to mitigate credit risk, reduce debtor days and boost cashflow.

Many business owners don’t have the time to implement a joined up credit control process, and most don’t even consider control until it’s too late and they have outstanding invoices they need paid.

Know-it is an automated credit management solution that allows users to run business credit checks, monitor changes, automate payment chasing and collect overdue invoices, plus much more all in one place. This saves valuable time and ensures users better understand the payment behaviour of the companies they do business with.

AccelerateHER is a vibrant network of female founders and partners who share the passion to accelerate the growth of talented female business founders and leaders. Investing Women is a sister organisation and female-led angel investment syndicate, focussed on building women’s involvement in investing.

Know-it Founder and CEO Lynne Darcey Quigley says the risk of late payments is huge for business owners and the angels who invest their money. Businesses are chasing £61 billion in unpaid invoices with six in ten businesses being impacted by invoices being paid late.

Creditor voluntary liquidations (CVLs) more than doubled this year and have reached the highest quarterly number since 1960. Know-it is an invaluable tool as it gives visibility into your customer’s losses as a result of liquidation or administration.

AccelerateHER and Investing Women are such great schemes for female entrepreneurs and we’d love to give back to these networks as they’ve helped both myself and Know-it hugely over the past couple of years.

AccelerateHER CEO and Investing Women COO Elizabeth Pirrie adds “We’re delighted to be partnering with Know-it to bring their product to our finalists and angels – for zero cost. This initiative is testament to the supportive and collaborative network we have at AccelerateHER and how our female founders go out of their way to help each other.

Know-it weren’t just one of our award winners this year, they were also finalists in last year’s awards too – so we know only too well just how unique and useful their product is for businesses. We hope that this year’s finalists and our Angels reap the benefits of a year’s subscription to Know-it!”

About Know-it

Know-it is the cloud-based credit management platform with a difference. The platform streamlines the credit control process so you can credit check and monitor, chase for payment, collect overdue unpaid invoices, and more all from one place.

We partner with leading credit agencies and accountancy software such as Companies House, The

Gazette, Unsecured Creditors, Sage, Xero, QuickBooks, and FreeAgent. These partners provide us with essential real-time credit information that will help your business to avoid fraud, upload your sales and purchase ledger, and get credit information on the companies that you do business with. In turn, Know-it provides you with a place that brings it all together.

Know-it was founded in 2019 by Lynne Darcey Quigley, who has worked within the debt recovery industry for over 25 years and is also the founder of commercial debt recovery company, Darcey Quigley & Co.

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