From October 4-5, 2021, World of Open Account (WOA) hosted its first face-to-face international receivables finance conference of the post-pandemic era. Held in Vienna, Austria, the WOA Community Convention’s main… read more →

Open account business drives economic activity worldwide, and during times of volatility, uncertainty and of course, the pandemic, the need for solutions when it comes to receivables finance has never been more pronounced.

TFG heard from WOA’s founder, Erik Timmermans, on the latest in receivables and open account trade in 2020, the impact of the COVID pandemic on the RF community, and what we could expect for the remainder of the year.

WOA took the initiative to survey members, partners and industry leaders in June 2020 about how the virus has affected performance of factoring and commercial finance firms globally.

WOA is delighted to announce that its New Year Meeting held on 16 January was a real success bringing around 90 delegates from a complete spectrum of Open Account businesspeople… read more →

Looking at the bigger picture of international trade flows and supply chains is crucial when looking at helping businesses access finance. We heard from Tony Brown at the Annual WOA Convention, discussing the world of open account pre- invoice, including purchase orders, transportation, distribution and pre-shipment finance.

Open Account financing is going through a period of rapid change, thanks to digital innovation and competition. Recognised as a safe and flexible way for financing the real economy, we caught up with Erik Timmermans, founder of WOA, and John Brehcist, at their annual convention, to discuss the hottest topics in receivables finance.

WOA is delighted to announce that the well-known Receivables Finance Industry expert John Brehcist (roundwindow consultancy services) will be working with Erik Timmermans and his colleagues to support the World of Open Account.

The European Receivables Finance Industry in 2019: Predictions for growth

TFG spoke to the leading trade, banking, forfaiting, factoring and open account industry bodies to get an update on the key projects, initiatives and milestones from 2019.