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CreditorWatch Blog

Managing your money through managing your debtors

Experts

Unlocking your business growth with sticky revenue

Unlocking your business growth with sticky revenue

Starting a business is all about communicating the benefits of your service or product to the appropriate audience. Although fairly straight forward in principle, the complexities of executing this vary for every business. To get up and running, most service businesses begin by undertaking project based work. They tender for a job, set a price […]

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The best internal collection practices for your small business

The best internal collection practices for your small business

This article will focus on the best internal collection practices for your small business. This article assumes your business already has a credit policy in place and a collection policy in place. Also keep in mind that this article is focused on commercial as opposed to consumer collection matters although there are similarities between the […]

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Export opportunities await in South Korea for SMEs

Export opportunities await in South Korea for SMEs

South Korea is one of Australia’s closest economic and trading partners, and with its high-income economy, there is a strong market for Australia’s high quality goods and services. For Australian SME exporters thinking about entering the South Korean market, it is important to first identify the opportunities for your business and any potential risks. Opportunities […]

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Keep your cash flow working while you take a Christmas break

Keep your cash flow working while you take a Christmas break

Setting ambitious growth targets for the new year can ensure you hit the ground running, but the effort could be wasted without the cash flow to fund them. The coming Christmas and New Year break is the perfect time for businesses to assess this year’s results and set priorities and growth targets for 2016. A […]

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Australian businesses must pay attention China’s economic slowdown

Australian businesses must pay attention China’s economic slowdown

China’s economic slowdown is forecast to trigger increased trade credit risk in Australia and the broader Asia Pacific region, according to new Atradius research*. The Atradius 2015 Payment Practices Barometer for the Asia Pacific region found that Australia and Indonesia, both of which are heavily dependent on commodity exports to China, were particularly susceptible to […]

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Three things CFOs need to know about their data

Three things CFOs need to know about their data

To unlock the real value of a company’s data, CFOs must develop an enterprise-wide strategy, and set clear priorities that map to business and financial outcomes. In the last few years many organisations have started to develop enterprise wide big data strategies but businesses are still far from discovering how data can deliver real insight […]

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Knowing when to outsource your debt collections

Knowing when to outsource your debt collections

Is it time to outsource your debt collection? Growing debt levels, rising bankruptcy rates and positive industry reform stemming from revised debt collection guidelines issued last year have led many Australian businesses to seek professional help in recovering their customer debts. If you’ve never outsourced your business’ debt collections before, it can be daunting knowing […]

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The Founder doing big business by selling simplicity secures $15 million funding

The Founder doing big business by selling simplicity secures $15 million funding

Since launching in regional NSW in 2002, the Australian fintech start-up, invoice2go, has gone from strength to strength. Now, the App store’s number one invoicing app which creates more than 1 million invoices each month has received another boost to its confidence with a further $15 million in series C funding from investors. CreditorWatch spoke to Invoice2go Founder, Chris […]

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An industry “slow to embrace technology” – until there’s a real need for a solution

An industry “slow to embrace technology” – until there’s a real need for a solution

“Universities will want to play a role, industries will want to play a role, start-ups will want to play a role.” These were the words of NSW Premier Mike Baird recently speaking to the ABC about plans to transform Sydney’s inner-west foreshore into a new tech hub. A development some say is long overdue – not least, one […]

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