News & Insight

Strategies for freeing up more cash in your business

In the current market, it’s essential to conserve cash for core activities while keeping up with technological advances. Meeting your financial and business requirements can be stressful, but there are solutions! Take a look at these strategies to free up more cash in your business.

Reap the benefits of IT rentals without the hassle of returns

If you are a business based in Namibia, you can now utilise RentWorks’s customer-centric IT rental model that also takes care of e-waste management (recycling) and data sanitation (data security). The primary objective is to offer customers a seamless experience, from the procurement process through the rental process up to the end of term return point.

Stretch your cashflow with tailor-made IT rental finance solutions

The world of work has changed drastically, as businesses now mainly operate outside of their physical office locations. Employees having access to the right IT equipment and software is now more crucial than ever. Fortunately there is a way to enjoy the benefits of the latest technology available while minimising expenses and optimising cashflow.

The impact of COVID-19 on IFRS 16 Leasing compliance

Due to the COVID-19 outbreak, which has had a dire effect on many companies worldwide, the International Accounting Standards Board has issued an amendment to IFRS16. This adjustment will make it easier for lessees to account for COVID-19-related rent concessions, such as rent holidays and temporary rent reductions.