2 mins read

2019: A Year in Review

2019: A year in review

CreditorWatch revisits its triumphs of 2019

New products, babies and a boat race. 2019 had it all and was one of CreditorWatch’s biggest years to date. We love celebrating each other’s successes – in and outside of the office – and last year was no exception.

Product launches and improvements

While revamping the core CreditorWatch offering and improving existing features, the team continued to enhance the entire product suite. We gave DebtorLogic a makeover, making it faster and easier for our customers to see how they’re being paid in comparison to the market. We’ve received great feedback in client demonstrations on how much sleeker and simpler the tool is to use.

PPSRLogic has been making the PPSR easier to understand and access for businesses of all sizes. The innovative tool won the 2019 ABA100 Award for Business Technology in August 2019 and is a testament to the rigorous planning and testing of our fantastic team of developers.

Down with the data

Our company’s decision-making and success comes down to the data we use, and we’re always on the lookout for more ways to deliver new data sources and insights to our customers.

In the past year, we’ve been utilising ANZSIC industry codes, tripled our number of trade lines thanks to integration with accounting software providers like Xero and MYOB, and doubled the number of payment defaults

We also have plans to introduce a company’s estimated revenue and number of employees to our credit reports soon. Stay tuned for more platform updates and data in 2020.

New clients, including some big names

The sales team have been working harder than ever to secure new clients all over the country. They bring a competitive and fun spirit to work every single day, and it’s this energy that sets us apart from our competitors. 

We’ve partnered with some companies of a high calibre, which makes this coming year all that more exciting. Work doesn’t feel like work when we help Australian businesses of all sizes take a proactive approach in better managing their customers and avoiding bad debt.

Company growth

CreditorWatch would be nothing without its people. We’ve strengthened the company’s foundation with a number of new managers either being promoted internally or joining our team. We always try to hire internally to reward our existing staff and a number of internal promotions allowed some hard-working employees take the next step in their career. More growth is expected in 2020 and will see this trend continue.

Personal achievements 

Our very own CEO Patrick Coghlan set sail on Boxing Day in his first Rolex Sydney to Hobart Yacht Race onboard the InfoTrack Super Maxi, and came second in line honours! This topped off a big year of personal achievements across the company. A number of people have bought their first homes, travelled the world, achieved sporting success and welcomed new additions to their family. 

We know bigger and brighter things are on the horizon for CreditorWatch. Thank you for being part of the journey. Bring on 2020!

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