Reading Time: 3 minutes Extending credit always comes with risk. Nowhere is this truer than in the logistics industry, where the process is complicated due to the many moving parts and different stakeholders that make up a supply chain. You can’t always avoid payment defaults, but with the right tools and strategies, you can minimise risk and speed up […]
Reading Time: 3 minutes Struggling to get paid as a construction worker? You’re not alone – thousands of people within the industry are experiencing the same thing. Why debt collection is hard to manage in the construction industry It’s a tale as old as time for those working in construction. With the proportion of payment arrears of 60 days […]
Reading Time: 4 minutes Running a business takes copious amounts of time and the last thing you want to be doing is chasing up debtors. Even with a proper credit check and credit score, debtors can sometimes slip through the cracks. From 2016-2017 undisputed debts to the Australian Taxation Office increased by 77.6%. Even if you have a clear […]
Reading Time: 3 minutes What is DebtorLogic? DebtorLogic helps you stay ahead of bad debt by revealing how your customers pay you in comparison to the rest of the market. It helps businesses to get paid faster and improves cash flow by taking a proactive approach to debtor management. This tool provides a data-driven analysis of your aged trial balance […]
Reading Time: 5 minutes In this episode of Business Insights, we take you through how to improve the strength of your ledger, with CreditorWatch’s Trade Consultant for DebtorLogic, Lucinda Judd. In these times of uncertainty for businesses, ensuring that your customers are reliable and able to pay on time is critically important for your cash flow. CreditorWatch’s DebtorLogic tool […]
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 […]
Reading Time: 4 minutes CreditorWatch customers part of a collection team can take advantage of a free workshop from eMatrix and government-subsidised training to boost their skillset. Learn more in this article.
Reading Time: 5 minutes We've teamed up with Brad Bulow and Angela McDonald to give small businesses practical and easy-to-implement advice on preventing bad debt, collecting late payments and protecting cash flow.
Reading Time: 3 minutes Your accounts receivables might be an afterthought, but implementing an effective process is the best way to protect your business from risky debtors and create strong working relationships with your customers. Learn how with these four tips.
Reading Time: 3 minutes Lucinda Judd, our Trade Consultant, shows you how DebtorLogic can help you get paid faster. She's offering businesses a free ATB analysis to demonstrate how. Read this post for more details.