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CreditorWatch Blog

Managing your money through managing your debtors

Keeping end of year expenses under control

Keeping end of year expenses under control

During the ‘silly season’ it can be easy for expenses to get out of control. Employees are starting to relax and may feel comfortable claiming team lunches or other entertainment expenses back from the business. At the same time, Christmas is a time for giving; many organisations buy gifts at the end of the year […]

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Working capital: the hidden risk that your small to medium business must prioritise

Working capital: the hidden risk that your small to medium business must prioritise

Visibility into working capital is essential to manage cash flow and ensure a business can remain sustainable, yet research shows that companies frequently miss quarterly working capital forecasts by up to 23%.[1] Organisations must address this inaccuracy as a matter of urgency, as working capital is a measure of the operating liquidity of an organisation […]

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Ad-hoc expense management systems a burden for financial controllers and sales staff

Ad-hoc expense management systems a burden for financial controllers and sales staff

Small businesses can take the pain out of meeting EOFY tax-time requirements by ditching the shoebox overflowing with expense claims and invoices.  CreditorWatch spoke to Concur, an expense management solutions provider,  to find out more about how small businesses can better manage their invoices and expense claims at tax-time. According to Murray Warner, director business development Asia Pacific, […]

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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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