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CreditorWatch Blog

Meet the Crew – Natalie Ip

Meet the Crew – Natalie Ip

Reading Time: 2 minutes Meet Natalie Ip – People and Culture Officer, SYD 1.What do you do at CreditorWatch and why do you love it? I’m a new addition to the P&C team and I am loving my first week so far because everyone has been so welcoming so far! I’m excited for the projects we have coming up […]

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CreditorWatch data: Santa went missing! But Newcastle and Perth best improving cities

CreditorWatch data: Santa went missing! But Newcastle and Perth best improving cities

Reading Time: 7 minutes SYDNEY, Thursday 20 January – Santa went missing! The December 2022 CreditorWatch Business Risk Index (BRI) has revealed that the Australia’s trading activity was at its lowest point since the pandemic began due to the impacts of the Omicron variant. Trade receivables for December 2021 were down a massive 45 per cent on December 2020 […]

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Why Omicron has increased your need for automated customer onboarding

Why Omicron has increased your need for automated customer onboarding

Reading Time: 3 minutes Missing information. Overwhelming amounts of paperwork. Hours of manual labour. Costly file management. Traditional credit checks and their shortcomings are giving way to a new era of efficient, rapid and user-friendly approaches to checking business’ credit histories and customer onboarding. The coronavirus pandemic has been – most obviously – a healthcare and humanitarian crisis. But beyond this, it has also […]

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How to cleanse your data to reduce credit risk this holiday season

How to cleanse your data to reduce credit risk this holiday season

Reading Time: 2 minutes As Australia comes out of COVID pandemic and lockdown restrictions are reduced, uncertainty around trading activity remains. During the holiday period it is vital to stay on top of your customer data. Companies need data to gain insights for business development and make informed decision-making. CreditorWatch’s portfolio health check and data cleansing play a vital role in detecting data discrepancies within […]

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Talking Tech: How to build a Business Risk Index, Part 4

Talking Tech: How to build a Business Risk Index, Part 4

Reading Time: 6 minutes How do you deliver the index? In this four-part series, CreditorWatch Software Architect Developer, Juanjo Lainez Reche, takes you through the decision-making and development of the Business Risk Index – one of the most complex and ambitious projects ever undertaken by the company. In my first article I outlined how we built the master datasets and our online transaction […]

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What are zombie companies and how do you identify them?

What are zombie companies and how do you identify them?

Reading Time: 4 minutes The term ‘zombie company’ has been around since the late ’80s when the Japanese economy collapsed, and banks propped up many large corporations that would have otherwise failed. It has come to refer to any business that is so debt laden that it is only able to pay the interest on its loans, not the […]

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Talking Tech: How to build a Business Risk Index, Part 3

Talking Tech: How to build a Business Risk Index, Part 3

Reading Time: 7 minutes Building the model In this four-part series, CreditorWatch Software Architect Developer, Juanjo Lainez Reche, takes you through the development of the Business Risk Index – one of the most complex and ambitious projects ever undertaken by the company. In my first article I outlined how we built the master datasets and our online transaction processing platform (OLTP), which fuels […]

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The latest NAB business results aren’t that bad

The latest NAB business results aren’t that bad

Reading Time: < 1 minute CreditorWatch’s chief economist, Harley Dale, comments on today’s NAB Business Confidence Index. November’s results saw a significant drop to a level of 12, from a downwardly revised 20 in October 2021: The latest NAB business results aren’t that bad “One might be forgiven for thinking that the result for the November NAB Business Confidence Index […]

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