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New insolvency support line to help firms ‘cut the noise’

Leading outsourced communications provider Moneypenny has launched a new Insolvency Support Line product to help busy practitioners concentrate on insolvency proceedings, rather than answering hundreds of calls from worried suppliers and customers.

Leading provider of audit, tax, and consulting services, RSM, is among the first to use the dedicated Insolvency Support Line service, which has been designed to handle high call volumes following administration announcements and minimise disruption for time-poor in-house teams.
An average small business insolvency typically receives 50-60[1] calls in the first two weeks following an announcement, while high profile insolvencies of well-known high-street brands can receive hundreds of calls during that time.

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