-->

CreditorWatch Blog

Five Benefits of 24/7 Monitoring and Real-Time Alerts

Five Benefits of 24/7 Monitoring and Real-Time Alerts

Reading Time: 3 minutes In the current economy, filled with uncertainties, businesses are being forced to rapidly change and become more adaptable. And many are not able to manage the transition. CreditorWatch’s Business Risk Index data forecasts insolvencies to steadily rise across the remainder of 2022. To manage emerging risks, it is essential to monitor your trading partners on […]

Read More

ABS Business Conditions and Sentiments

ABS Business Conditions and Sentiments

Reading Time: < 1 minute CreditorWatch Chief Economist Anneke Thompson says: “The ABS has released their final Business Conditions and Sentiments survey. The survey results give us some indication of upcoming inflation and economic conditions. Almost half (46 per cent) of businesses reported that their operating expenses have increased. This is an increase in 21 per cent of businesses who […]

Read More

Podcast: Business Risk Index – April 2022 Insights

Podcast: Business Risk Index – April 2022 Insights

Reading Time: 9 minutes Economy at turning point as positive trends continue; Grim outlook for flood-affected regions In our latest episode, we present the January Business Risk Index results and analysis. CreditorWatch CEO Patrick Coghlan and Chief Economist Anneke Thompson discuss the key insights. Key Business Risk Index insights for April: Trade receivables and credit enquiries continue to trend upwards, […]

Read More

RBA raises rates for first time in 12 years to 0.35%

RBA raises rates for first time in 12 years to 0.35%

Reading Time: 2 minutes Anneke Thompson, Chief Economist at CreditorWatch, comments on The Reserve Bank of Australia’s (RBA) cash rate decision In response to the highest recorded inflation rate since the introduction of the GST in 2001, the Reserve Bank of Australia (RBA) has chosen to increase the cash rate to 0.35%, prior to receiving data on wage increases. […]

Read More

CreditorWatch now collecting ATO tax debt default data

CreditorWatch now collecting ATO tax debt default data

Reading Time: 2 minutes Would you like to know if your customers have a large debt with the ATO? CreditorWatch is currently the only credit bureau in Australia reporting on this information. The ATO is Australia’s largest creditor responsible for the largest number of company windups in 2019. Historically, businesses would take on debtors with undisclosed tax debts and […]

Read More

How lenders can enhance their credit decisioning with CreditorWatch data

How lenders can enhance their credit decisioning with CreditorWatch data

Reading Time: 5 minutes As we emerge from the pandemic, many businesses are struggling with cash flow and seeking credit to get going again. Those who are unable to meet the strict lending criteria of major lenders such as banks are increasingly turning to second tier lenders. Although many potential borrowers are in a vastly different shape to what […]

Read More

Podcast: Business Risk Index – March 2022 Insights

Podcast: Business Risk Index – March 2022 Insights

Reading Time: 6 minutes In our latest episode, we present the January Business Risk Index results and analysis. CreditorWatch CEO Patrick Coghlan and index creator James O’Donnell from Open Analytics discuss the key insights. Key Business Risk Index insights for March: Trade receivables and credit enquiries up, indicating the economy many have reached a turning point for trade activity. […]

Read More

How to protect your cash flow and get paid faster

How to protect your cash flow and get paid faster

Reading Time: 3 minutes You’ve done the work and you’ve sent the invoice. Now you wait. Every business owner knows the challenge of getting debtors to pay on time. But is there more you can do to get paid faster when businesses stall? Put simply, yes. Businesses that are efficient in making collections have aligned their credit control processes […]

Read More