There are plenty of tools available to collect money from debtors during COVID-19, but do you know how to use them? Learn to recognise when you should offer leniency, register a payment default or escalate to a debt collector.
COVID-19 and the Australian economic downturn has proven how important it is to assess the payment behaviour of your customers. Learn how DebtorLogic can help you find the customers in your ledger that pose the biggest risk to your business.
Did you know payment defaults are unique to CreditorWatch? Learn how to lodge a payment default to encourage a non-paying debtor to pay up and warn other CreditorWatch members that your customer could be in financial trouble.
Do you have a credit policy? When was the last time you checked it? Ledlin Lawyers are here to spice up credit policies in this guest blog post with a burger analogy that you'll want to sink your teeth into.
Do you have slow paying clients? Are late payments affecting your business' cash flow? Find out how easy it is to be proactive with CreditorWatch's top three tips and sign up for a free seven-day trial today.
Want your clients to pay faster? Improve your debtor management and increase your chance to get paid faster with these cash flow tips.
Don't let a debtor break your heart. In this guest post from Ledlin Lawyers, you'll learn the five signs that will help you stay ahead of bad debt and ensure you get paid.
Enhance the way you manage credit with CreditorWatch 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 the old school way. A Small Business Insights […]
What is an Unfair Preference? Essentially, an unfair preference is when a creditor, within the six months before a company goes into administration or liquidation, receives payment(s) from that company that is more than they would receive if the payment(s) hadn’t occurred and they proved for their full debt in the liquidation. The “unfair preference” […]
Collecting your debts whilst maintaining your relationships with your debtors is possible. Learn how to improve the efficiency of your debt collection processes without burning any bridges.