One of the questions we often get asked by clients is “what is my position when my customer is a trust?” It is almost as if the word itself causes confusion and misunderstanding. The reason, we suspect, is because of the misunderstanding of the meaning of the word itself. When we talk of trust, we […]
Whether it’s ordering a taxi or a meal using Uber, watching your favourite movie through Netflix or simply seeing how you exercise alongside your mates with Strava, digitisation is having a substantial impact on our lives for the better. I cannot think of a single SME that would not want to improve their cash flow. […]
It’s unmistakable that we live in a digital age. So many of our processes are now automated and streamlined through innovative technology. Accounting, marketing, communication, databases and more are all digitalised now. However, many small businesses are still running processes in the old school way. A Small Business Insights Report by XERO found that two-thirds of […]
Legislation introduced in the House of Representatives on February 13th, has the aim of modernising business data and introducing Director Identification Numbers (DINs). Currently, data is stored in various systems across different departments and agencies. As a result, registrants bare the inefficiency of a cost burden when meeting their obligations. This in turn, makes it […]
CreditorWatch has recently released a new product: The Ultimate Beneficial Owner’s Report CreditorWatch recognises the responsibility that comes with compliance to Know Your Customer (KYC) requirements and AUSTRAC’s Anti-Money Laundering/ Counter-Terrorism Financing Act 2006. With our Ultimate Beneficial Owner (UBO) Report, we take the hassle out of identifying beneficial owners and do the hard work […]
At CreditorWatch, we are always making things easier for our customers. Streamlining your credit process and keeping all of the information in one place, is something that we continuously strive to do. This is why our newest feature enables you to build your own credit report. We recognise that you might need additional reports or […]
Deteriorating payment behaviour is a leading indicator of credit risk. The payment predictor assists CreditorWatch customers to understand a company’s payment history across a 12-month period, helping to identify slow paying businesses. The payment predictor now includes industry-specific data as well, allowing a comparison between how a business pays their bills versus their industry peers. […]
This year, we thought we would try something a little different. So, we are happy to announce the launch of the inaugural CrewWatch! We are excited about the many changes, new products and features, growth and other happenings here at CreditorWatch and we are passionate about making things better for our customers. Therefore, we have […]
If you’re a business owner, business finance is likely to be key for you. Whether it allows you to manage cash flow or to grow and expand your business, there are all sorts of business finance options, which help you work to provide the best possible service to your customers. Here are some top tips […]
It may be February but it’s not too late to make some new year’s resolutions! In fact, February can be the ideal time to kickstart positive habits and make the changes you’ve been thinking about for the past few months. The holiday season is now well and truly over, and clients, suppliers and employees have […]