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CreditorWatch Blog

Managing your money through managing your debtors

Getting your finances in order for EOFY

Getting your finances in order for EOFY

The end of the financial year can be a stressful time for small businesses, especially if your finances aren’t completely in order. Unfortunately, that’s an all-too-common situation. A recent Xero survey found that three-quarters of Australian small businesses still store their receipts in shoeboxes. With the average Australian business churning through 100 receipts and invoices […]

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Can cloud accounting improve operational efficiencies?

Can cloud accounting improve operational efficiencies?

There are plenty of reasons to start your own business – being your own boss and master of your own destiny, following a passion and fulfilling a dream and vision are just a few of them. Whatever the dream, the reality of running a business is that it requires a lot of hard-work, sacrifice and […]

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Xero announces strategic partnerships to benefit small business

Xero announces strategic partnerships to benefit small business

Xero has announced a number of strategic partnerships today at Australia’s largest accounting technology conference in Melbourne, Xerocon Australia. In a keynote speech to over 1600 attendees at Xerocon Australia today, Xero Australia Managing Director, Chris Ridd, also announced that this week Xero expects to reach more than 250,000 paying subscribers using the global accounting platform in […]

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Accounting practices ‘warm’ to cloud solutions

Accounting practices ‘warm’ to cloud solutions

A survey involving more than 400 practices across Australia shows that accounting firms are embracing cloud technology for themselves and clients. According to The Cloud Readiness Survey from Digital First, 43 per cent of accounting practices are anticipating a shift to cloud software in the next 12 months. The survey revealed that accounting firms understood how cloud […]

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Sage One hits the cloud accounting market with a focus on SMEs and Accountants

Sage One hits the cloud accounting market with a focus on SMEs and Accountants

Sage One is aiming to disrupt the cloud accounting market with a competitive solution aimed at Australia’s small businesses and accountants. Officially launched last week, Sage One was soft-launched to the 7,500-strong accountants using Sage HandiSoft over the months prior. It was a move that marked the focus on the accountant stream that Sage One […]

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Poor bookkeeping horror story: a bean counter’s tale

Poor bookkeeping horror story: a bean counter’s tale

If you think that bookkeeping and accounting fees are high, consider this horror story, which could be the one tale that gets business owners thinking about their own business. Brisbane-based Debra Lewis, CEO the Bookkeeping Institute of Australia, tells us how to avoid a costly disaster. It’s a nightmare scenario for any business owner and […]

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Why would anyone opt for desktop accounting over cloud?

Why would anyone opt for desktop accounting over cloud?

The debate may seem won, but desktop accounting software is hanging around longer than many cloud-converts would have thought. So why would any business opt for the desktop option, when the advantages of cloud are shouted loud and clear from the likes of Xero, MYOB, Intuit and Reckon, and more? Brad Paterson, Intuit Vice President and Managing […]

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