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CreditorWatch Blog

Credit Management

Xero and MYOB Integration with CreditorWatch

Xero and MYOB Integration with CreditorWatch

CREDITORWATCH | 2 MIN READ   Join Forces! Did you know you can unlock useful new subscription benefits by connecting your Xero or MYOB account with CreditorWatch?     Merging these accounting systems with CreditorWatch is a free service for subscribers that allows us to provide you with information to better protect your cash flow, including […]

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My Data Rules: A Recipe for Creating Your Data Breach Response Plan

My Data Rules: A Recipe for Creating Your Data Breach Response Plan

CREDITORWATCH | 12 MIN READ Notifiable Data Breaches (“NDB”) With the commencement of the Privacy Amendment (Notifiable Data Breaches) Act 2017 (Cth) (“Privacy Act”) on 22 February 2018, not only is there an obligation on businesses to notify the regulator (the OAIC) about a “serious data breach” but also a requirement to have a Data […]

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Fewer debtors taken to court in Q4 2017

Fewer debtors taken to court in Q4 2017

Fewer businesses were taken to court over outstanding debt during the final three months of 2017 compared with the same period a year earlier, according to CreditorWatch’s latest quarterly Small Business Risk Review.   Four states saw a decline in the number of court actions taken against debtors in quarter four; namely, Queensland (-9%), NSW (-16%), […]

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Businesses urged to monitor customers as court actions increase

Businesses urged to monitor customers as court actions increase

New research shows that nearly 1 in 2 Australian businesses are leaving themselves vulnerable to bad debt by not performing credit checks on their existing customers. CreditorWatch conducted a survey asking questions relating to credit management responsibilities to business owners, accountants and credit professionals from small to enterprise sized businesses. Whilst 72% of all respondents […]

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