Reading Time: 2 minutes 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.
Reading Time: 2 minutes Looking for data on Quarter 4? Read how the retail industry has fared at the end of 2019. CreditorWatch’s Small Business Risk Review for Quarter 3, 2019 highlights a large increase in the value of court actions in Queensland, concerning change for Western Australia and an increase in insolvencies across Australia. Quarter 3, 2019 continued […]
Reading Time: 4 minutes The second quarter of 2019 saw a continued increase in court actions for New South Wales, South Australia and Victoria. Comparing this quarter with Quarter 2, 2018 really highlights the increase in court actions and judgments for those three states. Since December 2018, NSW has seen a steady rise in court actions. However, the largest […]
Reading Time: 2 minutes 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 […]
Reading Time: 2 minutes The final quarter of 2018 for small businesses didn’t present the best outcome Court actions and judgments across Australia (except WA) have increased significantly in the 4th quarter of 2018 in comparison to the previous year. In addition, the average payment default value and cancelled unincorporated entities have increased. Download the infographic New South Wales […]
Reading Time: 2 minutes We’ve achieved plenty of goals in 2018 Well, that’s it! Here we are at the end of another year. 2018 has been an amazing year, full of growth and new members of our team. We’ve worked hard to bring you new features and products. From Bankruptcy Plus to PPSR Logic, it’s been a year of […]
Reading Time: 2 minutes CreditorWatch’s Small Business Risk Review for Quarter 3, 2018, shows an improvement in conditions for the majority of Australia in comparison to Quarter 3, 2017. Download our infographic Court actions and dollar amounts have decreased from last year’s third quarter for all states except Victoria. Western Australia has seen its court actions and judgements decrease […]
Reading Time: 2 minutes Detect overdue payments that clients can register against with a single click. Rather than spending valuable time searching your database to determine who is behind on payments, CreditorWatch makes this process easy and does the work for you. CreditorWatch clients are shown a list of potential defaults and all they need to do is simply […]
Reading Time: 2 minutes Prevent being affected by phoenix activity The federal government has recently introduced a “new” hotline for anyone to report businesses that they believe are undertaking phoenix activity. This comes as a 2018 report from PricewaterhouseCoopers, funded by the government, revealed that the estimated annual cost of phoenix activity was now $5.13 billion dollars. In 2012, […]
Reading Time: 2 minutes The second Small Business Risk Review for 2018 highlights relatively stable conditions in comparison to the previous financial year. However, there is still an underlying trend where businesses are facing challenges. It is no surprise that we continue to see big jumps in dollar amounts and court actions in Queensland due to the end of […]