All too often the positive outcomes generated by the hard work of dedicated restructuring professionals goes unnoticed.

Brought in to help steady and restructure companies who run into financial difficulties, the livelihoods of the affected employees are of the utmost importance, and IPs are well aware of the impact their work can have.

So it was refreshing to see some positive news coming out of the sector this week.

Ahead of the Turnaround, Restructuring & Insolvency (TRI) Awards (formerly the Insolvency & Rescue Awards) next month, a new report has discovered that over 12,000 jobs were saved by companies submitted for consideration, from big companies hitting the national headlines to smaller firms finding themselves in trouble.

Read the full article here:

12,000 jobs saved by TRI Awards entries

More than 12,000 jobs have been saved by the business recovery firms that have entered this year's Turnaround, Restructuring and Insolvency (TRI) Awards. Credit Strategy has collated information from all this year's entries which provided figures on how many jobs were saved during a business rescue process.

We’re delighted to hear of such good news for the UK economy, and that the TRI Awards have helped shine some overdue light on the important work that IPs and restructuring professionals do every day. Through their dedication and hardwork, the lives and livelihoods of families up and down the country have been helped.

Encompass are proud to have been shortlisted for the ‘Innovation and Technology Award’ at this year’s awards in recognition of our work with law firm gunnercooke, and look forward to attending the event.

about encompass

Founded in 2011 by entrepreneurs Roger Carson and Wayne Johnson, and operating from the UK, encompass is the creator of unique, innovative Know Your Customer (KYC) software for banking, finance, legal and accountancy that enable better, faster commercial decisions. The company is driven by the belief that the best decisions are made when people understand the full picture.

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