Monitoring and Alerts

Keeping ahead of your competitors with monitoring and alerts

Through the use of monitoring tools, you are able to maintain a smooth and consistent cash flow. This is a core factor that determines the long-term survival of a business more than anything else.

BankruptcyLiquidation

What is the difference between liquidation, voluntary administration and bankruptcy?

Business Risk IndexCreditorWatch

Business Risk Index July 2022 Industry Insights

Business Risk IndexCreditorWatch

External administrations surge as cheap money dries up; Court actions up 54% YoY

Credit ManagementCreditorWatch

How to avoid trade credit insurance claims

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Business InsightsCredit Management

Why is a business credit history so important?

Looking at the past can help you determine trends of the future – but sometimes the past can come back to bite you. A company’s credit history can make or break its ability to secure credit and conduct business.

Business InsightsCreditorWatch

CreditorWatch awarded ISO certification for gold-standard information security management

CreditorWatch has been awarded the ISO 27001 and 27017 certifications, for information security management and cloud security controls respectively. These globally recognised accreditations prove that CreditorWatch has achieved the highest standards of information security management.

Business InsightsCreditorWatch

How manufacturing businesses can prevent bad debt

For the vast majority of business owners, debt collection is not something you want to spend too much time dealing with. Whether you’re in it, chasing it, or just trying to stay one step ahead of it, you probably feel that the hours grappling with outstanding payments could be better spent working on your business.

Business InsightsDebt Collection

Simplifying the Debt Collection Process

Running a business takes copious amounts of time and the last thing you want to be doing is chasing up debtors. Even with a proper credit check and credit score,…

Business InsightsCredit Reports

Unemployment steady at 3.9% but no signs of wages growth

The unemployment rate for April 2022 remained steady with the revised March 2022 rate of 3.9 per cent. There appears to be very little slack remaining in the employment market,…

Business InsightsBusiness Risk Index

Podcast: Business Risk Index - April 2022 Insights

Economy at turning point as positive trends continue; Grim outlook for flood-affected regions In our latest episode, we present the January Business Risk Index results and analysis. CreditorWatch CEO Patrick Coghlan…

Business InsightsCredit Management

What is a credit file and how can it affect your business?

What is a credit file? Having access to credit is important for any business owner, but many entrepreneurs only have a vague understanding of what their credit file looks like…

Business InsightsBusiness Risk Index

Podcast: Business Risk Index - March 2022 Insights

In our latest episode, we present the January Business Risk Index results and analysis. CreditorWatch CEO Patrick Coghlan and index creator James O'Donnell from Open Analytics discuss the key insights.…

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Monitoring and Alerts

Keeping ahead of your competitors with monitoring and alerts

Through the use of monitoring tools, you are able to maintain a smooth and consistent cash flow. This is a core factor that determines the long-term survival of a business more than anything else.

BankruptcyLiquidation

What is the difference between liquidation, voluntary administration and bankruptcy?

The current business trading environment within Australia is facing unprecedented challenges, as seen with fluctuating revenues and higher inflation. With company insolvencies rising, it’s important to understand the difference between liquidation, voluntary administration and bankruptcy.

Business Risk IndexCreditorWatch

Business Risk Index July 2022 Industry Insights

After four consecutive months of increases to the cash rate target, and inflation continuing to rise, it is now clear that a slowdown in demand in many industries is inevitable. The retail sector will feel the brunt of the impact of a reduction in discretionary spending.

Business Risk IndexCreditorWatch

External administrations surge as cheap money dries up; Court actions up 54% YoY

The July 2022 CreditorWatch Business Risk Index (BRI) has revealed that external administrations and court actions are on the rise as the era of cheap credit comes to an end and businesses with depleted cash reserves and thinning margins confront yet more challenges.

Credit ManagementCreditorWatch

How to avoid trade credit insurance claims

Trade credit insurance provides a business with cover in the event its customers become insolvent or cannot pay their debts.

Credit Risk

How wholesale businesses can manage credit risk

In the ups and downs of today’s global economy, wholesalers often bear the brunt of it all when it comes to another supply chain collapse. So, what can you do to make sure your wholesale business steers clear of toppling supply chains and keep your ledger strong?

CrewWatchMeet the Crew

Meet the Crew - Lewis Forrester, BDM (VIC)

Meet Lewis Forrester, a new Business Development Manager in Victoria.

CreditorWatchWhitepapers

Whitepaper: How the manufacturing industry can strengthen the Australian economy

CreditorWatch’s latest industry whitepaper - ‘How the manufacturing industry can strengthen the Australian economy’, presents a comprehensive overview of the current state-of-play and outlook for Australia’s manufacturing industry.

CreditorWatch

Meet the Crew - Mandy Mill, Head of Operations and Finance and Dan Mawdsley, Head of Product

News Hub Home Podcasts Webinars Business Risk Review Business Risk Index 131 mins read Meet Mandy Mill - Head of Operations and Finance (SYD) What do you do at…

CreditorWatchEconomic Snapshot

RBA raises cash rate by 50 basis points to 1.85 per cent

Anneke Thompson, Chief Economist at CreditorWatch, comments on today’s cash rate decision. This is in response to last week’s increase in annual inflation seeing it at its highest level since the introduction of the GST in 2001.

Credit RiskDue Diligence

An overview of business credit risk indicators

When performing customer due diligence, what are the red flags to look out for? It is likely that five to 15 per cent of your ledger has adverse information you’re unaware about. To mitigate credit risk, it is important to be able to identify risk indicators which highlight entities in financial distress.

Credit ReportsCredit Risk

Credit risks associated with cross directorships

When performing a business credit check, it is important to understand the concept of cross directorships. This is where some directors you work with may own or have previously owned multiple companies, and potentially increasing their credit risk.

Credit ManagementCredit Reports

Not all business credit checks are equal

News Hub Home Podcasts Webinars Business Risk Review Business Risk Index 131 mins read With a multitude of credit reporting bureaus in the market providing business credit checks, understanding…

Credit ManagementCredit Reports

What is a business credit file?

The financial reputation of a business is one of the most fundamental indicators of its reliability to meet payment obligations, and this is showcased in a business credit file. Before you look to engage with a new customer, or a business partnership, it’s crucial that you do your due diligence and perform a credit check.

Credit RiskData

Reducing credit risk with data management

In a world where the trading environment is increasingly uncertain and information comes at us at an overwhelming rate, having accurate, reliable, and up-to-date business data can make all the difference in how well your business is protected.

ConstructionPayment Defaults

How construction businesses can avoid late payments

It’s been a volatile few years for the construction industry, with rising inflation, global supply chain disruptions, labour shortages and fixed price contracts putting increased pressure on clients and businesses alike. However, there are options available for companies to avoid late payments, and potentially get paid faster.

Credit Risk

Managing business credit risk in the financial services industry

As we have commenced Financial Year 2023, the rates of insolvency within the financial services industry have risen, illustrating the critical challenges these businesses continue to face. Managing credit risk is essential to maintain the flow of revenue from trusted trading partners, and avoid the prospect of default.

Business InsightsCredit Management

Why is a business credit history so important?

Looking at the past can help you determine trends of the future – but sometimes the past can come back to bite you. A company’s credit history can make or break its ability to secure credit and conduct business.

Credit Management

What is a good business credit score?

When you first start out, it can be a daunting task to try and pick out which customers have the best chance of working well with your business. Luckily, there’s a simple way to land your goal of building a base of reliable customers – check their credit scores!

CreditorWatch

Releasing ‘trapped’ cash - How to optimise your working capital strategy to grow your business

When the COVID-19 pandemic began to reshape business operations globally, the preliminary response of CEOs, CFOs, and treasurers was all about survival of their business: free up cash, liquidity, and resources to keep their business operations afloat.

Credit ReportsLogistics

How credit reports can help logistics businesses

High pressure. High prices. High demand. With millions of orders being placed each day, there’s no denying that the pandemic and a need for contactless and immediate deliveries has boosted the demand for logistics services in Australia.

CrewWatchMeet the Crew

Meet the Crew - Damon Earp, VIC BDM

News Hub Home Podcasts Webinars Business Risk Review Business Risk Index 131 mins read Welcome Damon! QUESTIONS: What do you do at CreditorWatch? BDM - Melbourne What made you…

Economic Snapshot

Inflation to bite across H2 2022

News Hub Home Podcasts Webinars Business Risk Review Business Risk Index 131 mins read Monthly Economic Update - July 2022 Not surprisingly, inflation rose by 6.1 per cent over…

CreditorWatchProcurement

Are these four procurement issues slowing down your business?

Keeping your procurement operations running smoothly is challenging, no matter what stage of business you are in. Both new and established businesses can face an uphill battle in balancing their spending whilst still delivering revenue and profit gains.

Credit ReportsCredit Risk

Top tips for manufacturers on managing credit risk

Tired of tricky customers and suppliers damaging the financial position of your manufacturing business? Follow these credit risk-reducing tips to stay one step ahead.

AutomationCash Flow

Why you should monitor your customers

The current economic climate is awash with change and uncertainty. These unstable trading conditions have highlighted the necessity for businesses, particularly small and medium enterprises (SMEs), to become more aware of who they are working with.

Credit Risk

How construction companies can mitigate credit risk

It takes a multitude of people to work end-to-end on a construction project. If you own or run a construction company of any kind, your employees or contractors need to be paid and you need to be paid by the client to pay these contractors.

Credit RiskCreditorWatch

What is credit risk?

A little bit of risk is par for the course in the business world, but what happens when landing a new customer ends up costing more than you can gamble?

Credit ReportsCredit Risk

How manufacturers can use credit reports to avoid risk

Manufacturers are faced with challenges daily; from maximising automation to keeping on top of supply and demand. The need for an instant credit report has never been more critical for manufacturers.

Credit ManagementCredit Reports

Five reasons to check the business credit score of all your customers

The relationship we have with risk is a fascinating one; how we calculate it and how we respond to it when it presents itself can tell us a lot about our own psychology. For instance, we habitually overestimate the risk of rare, catastrophic events, like earthquakes. Yet we underestimate the risk posed by commonplace events, like getting behind the wheel of a car when we haven’t had enough sleep.

Bankruptcy

How to reduce your exposure to bankrupt customers

A court order has taken place and you find an official notice from AFSA (the Australian Financial Security Authority) that one of your customers is now bankrupt. But what does this mean for the money they still owe you?

Credit ManagementCreditorWatch

How to check a business's credit score

Checking the credit of your customers and clients is a crucial part of running any business. Whether you're providing services, products, or financing, you need a way to ensure that you can trust your customers to make good on what they owe you.

CrewWatchMeet the Crew

Meet the Crew: Srijana Maharjan, Back-End Developer

FAQS Which plan is best for me? News Hub Home Podcasts Webinars Business Risk Review Business Risk Index 131 mins read Welcome Srijana who joined the engineering team as…

Monitoring and Alerts

Why you should monitor your customers' payment behaviour

The current trading environment for Australian business is presenting unique and unforeseen challenges to both ownership and their management teams. In light of this, diligent credit assessment of customers is as necessary as ever before.

CreditorWatch

Managing uncertainty with 24/7 monitoring and real-time alerts

By neglecting customer due diligence, businesses are exposed to unnecessary risks, such as unpaid invoices and bad debt, which could have potentially disastrous consequences.

Credit ManagementCreditorWatch

Watch out for these 10 red flags of financial distress

When performing customer due diligence, what are the red flags to look out for? To mitigate credit risk, it is important to be able to identify risk indicators that highlight entities in financial distress.

CrewWatchMeet the Crew

Meet the Crew: Alex Crawford - Senior Sales Analyst

Welcome Alex who joined CreditorWatch's Customer Experience Team as a Senior Sales Analyst. QUESTIONS: 1.What do you do at CreditorWatch? I’m working as a Senior Sales Analyst in the Customer…

Business Risk IndexCreditorWatch

Business confidence at a turning point; data points to softer than expected second half of 2022

CreditorWatch Business Risk Index (BRI) has revealed that business confidence is teetering, with key indicators such as trade receivables and credit enquiries down, while trade payment defaults continue to register at pre-COVID levels.

Business Risk IndexCreditorWatch

Business Risk Index June 2022 Industry Insights

The June 2022 CreditorWatch Business Risk Index (BRI) has shown that the risk settings for some industries have moved slightly, as the threat of rising interest rates finally eventuates. We now find ourselves in a ‘perfect storm’ scenario of increasing cost of debt, labour, supplies, the cessation of COVID-related government support and the ATO and many financiers removing any remaining periods of grace for clients in arrears.

Credit ManagementCredit Reports

Why wholesalers need to credit check their customers

Many large Australian retailers have been forced to shut their doors over the past two years. These devastating flow-on effects have been felt by all stakeholders in the supply chain. For wholesalers, who are often operating on narrowing margins to begin with, the volatility of the market since March 2020 has driven home the need to be aware of the credit history of each customer.

CreditorWatchCrewWatch

Meet the Crew: Sean Tully, Legal Counsel/Joint Company Secretary

Welcome to Sean Tully who is the new legal counsel/joint company secretary at CreditorWatch 1. What do you do at CreditorWatch?  I’m the new Legal Counsel at CreditorWatch. 2. What…

Credit RiskCreditorWatch

How fintechs can manage credit risk

Fintech, short for ‘Financial Technology,’ was only added to the Merriam-Webster dictionary in 2018. In that short amount of time fintech has streamlined and simplified common financial processes, spreading to countless industries and all corners of the globe.

Economic Snapshot

RBA raises official cash rate to 1.35%

Anneke Thompson, Chief Economist, CreditorWatch Cash rate rise scenario: The Reserve Bank of Australia (RBA) has once again increased the cash rate by 50 basis points to 1.35% in an…

Credit ManagementCreditorWatch

Five Benefits of 24/7 Monitoring and Real-Time Alerts

In the current economy, filled with uncertainties, businesses are being forced to rapidly change and become more adaptable. And many are not able to manage the transition. CreditorWatch’s Business Risk Index data forecasts insolvencies to steadily rise across the remainder of 2022.

Business InsightsCreditorWatch

CreditorWatch awarded ISO certification for gold-standard information security management

CreditorWatch has been awarded the ISO 27001 and 27017 certifications, for information security management and cloud security controls respectively. These globally recognised accreditations prove that CreditorWatch has achieved the highest standards of information security management.

CreditorWatchCrewWatch

Meet the Crew: Brendan Sherry - Senior BDM

Welcome (back) to Brendan Sherry! Original Melbournite, Brendan will be coming over to the Sydney office to fill the role of Senior BDM. What do you do at CreditorWatch? Senior…

Business InsightsCreditorWatch

How manufacturing businesses can prevent bad debt

For the vast majority of business owners, debt collection is not something you want to spend too much time dealing with. Whether you’re in it, chasing it, or just trying to stay one step ahead of it, you probably feel that the hours grappling with outstanding payments could be better spent working on your business.

Credit ManagementCreditorWatch

How to protect your small business from fraud

The pandemic, alongside the rise in technology advancements, has forced SMEs to change the way they operate. This can be anything from altering their business models and plans to keeping up with ever-changing customer trends. The last thing an SME needs is added fraudulent behaviour from trading partners, customers and even employees.

Credit RiskCreditorWatch

How logistics companies can speed up debt collection

Extending credit always comes with risk. Nowhere is this truer than in the logistics industry, where the process is complicated due to the many moving parts and different stakeholders that make up a supply chain. You can't always avoid payment defaults, but with the right tools and strategies, you can minimise risk and speed up the debt collection process.

Credit RiskCreditorWatch

ABS Business Conditions and Sentiments

CreditorWatch Chief Economist Anneke Thompson says: “The ABS has released their final Business Conditions and Sentiments survey. The survey results give us some indication of upcoming inflation and economic conditions.…

CrewWatchMeet the Crew

Meet the Crew: Michael Wang - Data Science Manager

Welcome Michael Wang to the CreditorWatch crew! What do you do at CreditorWatch? Data Science Manager What made you want to join CreditorWatch? The vibrant culture and the opportunity to…

Credit ManagementCredit Reports

Five reasons to integrate your accounting package with CreditorWatch

Are you making the most out of your CreditorWatch subscription? By now, you already know how CreditorWatch strengthens your credit risk management processes. Here’s a tip to improve this further – integrate your Xero or MYOB accounting package with CreditorWatch.

CreditorWatchDebt Collection

Debt collection challenges faced by the construction industry

Struggling to get paid as a construction worker? You’re not alone – thousands of people within the industry are experiencing the same thing.

Business Risk IndexChief Economist

‘Perfect economic storm’ means the end is nigh for struggling Aussie businesses

CreditorWatch has released its Industry Synopsis for June. Industry data, coupled with stats from its Business Risk Index (BRI)*, point to an increased probability of default for a number of industries, as the threat of rising interest rates finally eventuates.

CreditorWatchMeet the Crew

Meet the Crew: Sean Deng - Front End Developer

Welcome to Sean who has joined our development team as a front end developer. ' 1.What do you do at CreditorWatch? I’m a front-end developer responsible for software UI dev…

CreditorWatchData

What Causes Bad Debt?

When it comes to any business-to-business relationship, maintaining a mutually respectful and reliable partnership is one of the top priorities. But what happens when your customer ends up being unable to deliver on their promises? Chances are these customers mean bad news – and bad debt!

CreditorWatchEconomic Snapshot

Wage Price Index and Westpac Consumer Sentiment

CreditorWatch Chief Economist Anneke Thompson says: “The Fair Work Commission (FWC) today announced a wage increase of 5.2 per cent for minimum wage earners. While this is the highest wage…

CreditorWatchEnd of Financial Year

EOFY Survival Guide 2022

It’s EOFY 2022 and economic uncertainties are looming around every corner. Australia is experiencing inflation, rising interest rates, rising default rates, labour shortages, negative real wage growth and high fuel…

CreditorWatchCrewWatch

Meet the Crew: Gabriel Asatryan - Data Analyst

Gabriel Asatryan is CreditorWatch's new data analyst who has joined the Business Intelligence team. What do you do at CreditorWatch? I’ll be part of the new Business Intelligence team helping…

BankruptcyCredit Management

Understanding Bankruptcy

Trading with a company that is bankrupt or has been involved in bankruptcy is risky business. Ensuring you have all the information possible to safeguard your own financial health is vital.

Business InsightsDebt Collection

Simplifying the Debt Collection Process

Running a business takes copious amounts of time and the last thing you want to be doing is chasing up debtors. Even with a proper credit check and credit score,…

CreditorWatch

RBA increases cash rate to 0.85 per cent

Cash Rate comments – June 2022 Anneke Thompson, Chief Economist, CreditorWatch RBA increases cash rate to 0.85 per cent: Today’s increase in the cash rate from 0.35 per cent to…

CreditorWatch

Director ID: Tips to help your director clients get their ID online

Australian Business Registry Services (ABRS) is providing the following guidance to agents and intermediaries to assist them in supporting their director clients to apply for their director identification number (director ID). When…

CEOExperts

Podcast: What makes a great place to work?

CreditorWatch was recently certified as a Great Place to Work and also made the AFR BOSS Best Places to Work list for 2022. So how did we get there and,…

CrewWatchMeet the Crew

Meet the Crew: Justin Meyers - Head of Commercial Sales

Justin is CreditorWatch's new Head of Commercial Sales, ensuring that customers and prospective customers unlock the value of CreditorWatch's data and technology. What do you do at CreditorWatch? I see…

CreditorWatchCrewWatch

Meet the Crew: Isabelle Holland - QLD BDM

Meet Isabelle (Izzy) Holland, QLD BDM 1.What do you do at CreditorWatch and why do you love it? I am a BDM in Brisbane. I really enjoy my work because…

Credit ManagementCredit Reports

How is a credit score calculated?

What is a credit score? Whether you’re the owner of a small, medium or large business, a credit score is a vital source of information to help avoid bad debt.…

ExpertsInsolvency

New anti-phoenixing laws enforced in court – more power for liquidators

New laws give liquidators expanded powers to claw back funds. By Nathaniel Kitingan, Managing Principal Lawyer - Melbourne and Tim Puget - Associate at Macpherson Kelley. Anti-phoenix laws were introduced in…

CreditorWatchMeet the Crew

Meet the Crew: Hana Le - Accounts Receivable Officer

Hana is CreditorWatch's new Accounts Receivable Officer, ensuring that all our incoming payments are properly accounted for and we all get paid! What do you do at CreditorWatch? I am…

Credit RiskCreditorWatch

Using the Personal Property Securities Register (PPSR) to protect your small business

In Australia, small businesses account for almost 98 per cent of all businesses, contribute to 35 per cent of our GDP, and employ 44 per cent of our workforce. However,…

Credit ReportsCredit Risk

How to manage credit risk in the construction industry

Construction is Australia’s third largest industry, accounting for nine per cent of our total GDP. With $360 billion in revenue generated annually, investors rightly view building and construction as a…

Business InsightsCredit Reports

Unemployment steady at 3.9% but no signs of wages growth

The unemployment rate for April 2022 remained steady with the revised March 2022 rate of 3.9 per cent. There appears to be very little slack remaining in the employment market,…

CEOChief Economist

Podcast: Dire Warnings for the Australian Construction Industry

Like the rest of the Australian economy, the construction industry was getting back on its feet after the worst of the pandemic. But the sector has now been hit by…

Cash FlowCreditorWatch

How sole traders can use data to power their businesses

Sole traders make up more than 60 per cent of Australian businesses. It is the simplest and cheapest business structure, with low start-up costs, no registration or annual fees and…

ConstructionCreditorWatch

A guide to using property and land title reports

In this uncertain trading environment, businesses looking to improve their due diligence and assess creditworthiness of customers need to thoroughly investigate the assets owned by an individual or company. In…

AutomationCredit Management

How automation has enhanced credit risk management

Taking advantage of automation and digitalisation To keep up with rapid innovation and emerging disruption, customers and investors alike are now expecting digitalisation of all key aspects of business operations.…

Business InsightsBusiness Risk Index

Podcast: Business Risk Index - April 2022 Insights

Economy at turning point as positive trends continue; Grim outlook for flood-affected regions In our latest episode, we present the January Business Risk Index results and analysis. CreditorWatch CEO Patrick Coghlan…

Business Risk IndexCreditorWatch

BRI April 2022 - Industry Insights

By Anneke Thompson, Chief Economist, CreditorWatch In April we continue to see the impact of inflationary pressures in our Business Risk Index (BRI) data. Those industries that are price setters…

Business Risk IndexCreditorWatch

Economy at turning point as positive trends continue; Grim outlook for flood-affected regions

SYDNEY, Wednesday 11 May – The April 2022 CreditorWatch Business Risk Index (BRI) shows the Australian economy may have reached a turning point, with trade payment defaults and credit enquiries…

Business InsightsCredit Management

What is a credit file and how can it affect your business?

What is a credit file? Having access to credit is important for any business owner, but many entrepreneurs only have a vague understanding of what their credit file looks like…

Credit RiskExperts

The 3 Ps of preparation for small businesses: Part 3 – Protections

Our latest episode of Business Insights is the third in a three-part series on how SMEs can best prepare themselves for uncertainty using the 3 Ps of preparation: processes, policies…

CreditorWatch

Meet the Crew - Ealise Wang and Siwei Mu

Meet Ealise Wang, Business Developer Manager (VIC) What do you do at CreditorWatch and why do you love it? I love the company because I really and truly think they look…

Chief EconomistCreditorWatch

RBA raises rates for first time in 12 years to 0.35%

Anneke Thompson, Chief Economist at CreditorWatch, comments on The Reserve Bank of Australia’s (RBA) cash rate decision In response to the highest recorded inflation rate since the introduction of the…

CreditorWatchNews

Inflation - the dark and stormy cloud

Writing in the latest edition of AICM (Australian Institute of Credit Management) magazine, Credit Management in Australia, CreditorWatch Chief Economist Anneke Thompson discusses the risks of rising inflation to the…

Credit ReportsCreditorWatch

Understanding Business Credit Reports

Understanding Business Credit Reports  If you’re a business owner who extends credit to other businesses, you probably know exactly what a business credit report is. What if we were to…

Credit RiskExperts

Podcast: The 3 Ps of preparation for small businesses: Part 2 - Policies and Procedures

Our latest episode of Business Insights is the second in a three-part series on how SMEs can best prepare themselves for uncertainty using the 3 Ps of preparation: processes, policies…

Best Places to Work
CreditorWatchGreat Place to Work

CreditorWatch makes 2022 AFR BOSS Best Places to Work list

CreditorWatch is extremely proud to announce that it has made the 2022 AFR BOSS Best Places to Work list in seventh place in the Banking, Superannuation and Financial Services category.…

ATOCEO

CreditorWatch now collecting ATO tax debt default data

Would you like to know if your customers have a large debt with the ATO? CreditorWatch is currently the only credit bureau in Australia reporting on this information. The ATO…

ACN (Australian Company Number)COVID-19

The 3 Ps of preparation for small businesses: Part 1 - Processes

In this challenging economic climate, it is more crucial than ever that businesses are well prepared for whatever impacts come their way. Our latest episode of Business Insights is the…

Credit ManagementCredit Reports

How lenders can enhance their credit decisioning with CreditorWatch data

As we emerge from the pandemic, many businesses are struggling with cash flow and seeking credit to get going again. Those who are unable to meet the strict lending criteria…

Business InsightsBusiness Risk Index

Podcast: Business Risk Index - March 2022 Insights

In our latest episode, we present the January Business Risk Index results and analysis. CreditorWatch CEO Patrick Coghlan and index creator James O'Donnell from Open Analytics discuss the key insights.…

Business Risk IndexCreditorWatch

Industry Synopsis CreditorWatch's March 2022 Business Risk Index

By Anneke Thompson, CreditorWatch Chief Economist Reflecting their rising risk profiles due to Australia’s higher inflationary environment, the Food and Beverage Services, Arts and Recreation Services and Transport, Postal and…

Business Risk IndexCreditorWatch

Trade activity rises but inflation and rate rises to drag; Hospitality default risk surges

SYDNEY, Wednesday 13 April – The March 2022 CreditorWatch Business Risk Index (BRI) has revealed that Australian business activity may be finally showing some green shoots around recovery, with B2B…

CreditorWatchDebt Collection

Reinvent the ways you collect debt. A faster, simpler and cleaner experience.

What is DebtorLogic?  DebtorLogic helps you stay ahead of bad debt by revealing how your customers pay you in comparison to the rest of the market. It helps businesses to get…

Credit RiskDebt Collection

How to improve the quality of your ledger with DebtorLogic

In this episode of Business Insights, we take you through how to improve the strength of your ledger, with CreditorWatch's Trade Consultant for DebtorLogic, Lucinda Judd. In these times of…

Economic Snapshot

Economic Snapshot Update

Anneke Thompson, Chief Economist at CreditorWatch, comments on The Reserve Bank of Australia’s (RBA) penultimate cash rate decision before the Federal Election which has determined the Official Cash Rate (OCR)…

CreditorWatchPPSR and PPSA

Why searching the PPSR is important for business

The Personal Property Securities Register (PPSR) is an official government register of interests in personal property (items such as motor vehicles, goods sold on credit terms and other financial property).…

CreditorWatchMeet the Crew

Meet the Crew - Ellie Kiumarsian

1.What do you do at CreditorWatch and why do you love it? I am a web developer. I love the amazing culture of the company. CreditorWatch really cares about their…

CreditorWatchMeet the Crew

Meet the Crew - Adam Bailey

1.What do you do at CreditorWatch and why do you love it? I’m the new face in Brisbane as an Enterprise Account Director, having just started the journey so far…

Economic Snapshot

Federal Budget: innovation agenda will drive future spending

Following Australia's 2022 Federal Budget announcement last night, please find comments below from CreditorWatch CEO, Patrick Coghlan, on the impact this will have on Australian businesses and the wider economy. …

CreditorWatchExperts

Podcast: How to secure your assets on the Personal Property Securities Register (PPSR)

The Personal Property Securities Register (PPSR) is an essential facility for all businesses leasing or selling goods or services on credit. But it is also widely misunderstood by small business…

CreditorWatch

Everything you need to know about the new mandatory Director IDs

Director identification numbers (Director IDs) will be a mandatory requirement for new (first-time) directors from 5 April 2022. The Director IDs have been introduced to help prevent the creation of…

Due DiligenceExperts

Podcast: The Grasshopper effect: What is supplier hopping and how can you avoid it?

In the latest episode of Business Insights we speak to CreditorWatch's Victorian Sales Manager Hilbert Klaster about the practice of supplier hopping - the practice of moving from one supplier…

Cash FlowCreditorWatch

How to protect your cash flow and get paid faster

You’ve done the work and you’ve sent the invoice. Now you wait. Every business owner knows the challenge of getting debtors to pay on time. But is there more you…

CEOCredit Risk

Podcast: Outlook 2022 - Australia's 'phantom' lockdown threatens sustained economic recovery

The Australian economy is rife with uncertainty due largely to the ongoing impacts of the COVID-19 pandemic and its multiple variants, such as supply chain disruptions and labour shortages, but…

CreditorWatchTechnology

Going deep on customer due diligence with Infotrack searches

Why use InfoTrack’s additional searches and services? CreditorWatch’s integration with the award-winning InfoTrack search portal gives our customers access to several additional searches and services. InfoTrack is the leading legal…

Case StudyConstruction

CASE STUDY: Probuild collapse - avoiding failures like this is possible

The Foreign Investment Review Board (FIRB) has been criticised in several quarters for helping to trigger last month’s collapse of Probuild through its refusal to approve a $300 million takeover…

Business Risk IndexCreditorWatch

Industry Synopsis for CreditorWatch’s February 2022 Business Risk Index

It has been a rocky start to 2022 for the Australian economy due to the impacts of Omicron, the war in Ukraine and now the floods that have been devastating…

Business Risk IndexCreditorWatch

Trade activity up for now but flood impact looming; Construction sector confronts deep issues

SYDNEY, Wednesday 9 March – The February 2022 CreditorWatch Business Risk Index (BRI) reveals that the Australian economy is still in a holding pattern as it emerges from the impacts…

CreditorWatchNews

What can subcontractors do if a builder enters voluntary administration?

Construction giant, Probuild, recently entered voluntary administration, leaving more than 750 jobs at risk and around 2,300 creditors chasing payment. This has created a massive shockwave throughout the building and…

Meet the Crew

Meet the Crew - Matthew McMaster

1. What do you do at CreditorWatch? I’ve come onboard as the GM of Customer Experience, where I’ll have the opportunity to positively impact each step of our customer journeys.…

CreditorWatchMeet the Crew

Meet the Crew - Robert Lettieri

1.What do you do at CreditorWatch and why do you love it? I work as a Senior UI/UX Product Designer at CreditorWatch. Working as a designer, I not only help…

CreditorWatchNews

Probuild collapse; involvement in tragedies like this can be avoided

SYDNEY, Monday 28 February – Following the news that Australian construction industry giant Probuild has fallen into voluntary administration, leading credit reporting agency CreditorWatch assess the warning signs that existed…

Chief Economist Harley Dale
Economic SnapshotExperts

The RBA won’t budge in the current environment

The Reserve Bank of Australia (RBA) confronts some key uncertainties in the final month of the March 2022 quarter. Against this backdrop, it’s no surprise that the RBA Board determined…

Business Risk IndexCreditorWatch

Economic Update - January 2022 Retail Sales

Retail Sales have some way to go before helping to deliver a sustainable economic recovery As the economic environment, post Omicron, stalled recovery momentum continues, the situation has become yet…

Credit ManagementCreditorWatch

An Introduction to Financial Risk Assessments

A Financial Risk Assessment provides a comprehensive look into the financial viability of your customers, suppliers and contractors. By assessing the reputation and financial stability of entities you work with, you can choose the right trading…

CreditorWatchEconomic Snapshot

Economic Update - Quarterly Wage Price Index

Chief Economist comments on quarterly Wage Price Index  Good afternoon, The latest Australian Bureau of Statistics (ABS) quarterly Wage Price Index has revealed for the December quarter of 2021: Wages…

Credit RiskCreditorWatch

How credit scores help businesses manage the impacts of Omicron

CreditorWatch RiskScore helps businesses manage the impacts of the pandemic  The flow-on impacts from the spread of the Omicron variant have brought many small businesses to their knees. Supply chain disruptions, skills shortages and rising costs hit SMEs when…

Chief Economist Harley Dale
CreditorWatchEconomic Snapshot

Harley's Economic Update

  The latest Australian Bureau of Statistics (ABS) stats on Australia’s Labour Force for January 2022 has revealed: The unemployment rate remained steady at 4.2%. The number of people employed…

CreditorWatchRisk Management

Seven reasons why small businesses should use accounting software

How is your business managing its finances? If you’re still using folders and spreadsheets, it’s time to revamp your approach. An accounting software package streamlines all your accounting processes, making it easier to stay on top…

Chief Economist Harley Dale
CreditorWatchEconomic Snapshot

Harley's Economic Snapshot - February

Is the only way up for interest rates? It would certainly appear that way in terms of all the media coverage and conjecture in early February. Fixed mortgage rates have…

Business Risk IndexCOVID-19

Industry Synopsis for CreditorWatch’s January 2022 Business Risk Index

Omicron heavily drags on trade receivables and prolongs recovery The latest CreditorWatch Business Risk Index captures circumstances for January 2022, a month when Omicron bit the economy hard and smashed…

Business Risk IndexCreditorWatch

Insolvencies to rise across 2022; Trade receivables down 45% on same qtr last year; court actions jump 58%

SYDNEY, Wednesday 9 February – The January 2022 CreditorWatch Business Risk Index (BRI) has revealed that the Australian economy has some way to go before it shakes off the impacts…

Credit RiskCreditorWatch

How to take your credit checks to the next level

Protect Your Business with AI-Driven Credit Checks  Signing any agreement before you have all the information is risky business. As a business owner, it's in your interest to exercise due diligence to…

CreditorWatchPayment Defaults

Why you should register payment defaults in 2022

As the Australian economy continues to suffer the effects of the Omicron variant, business activity remains soft as consumers sit on cash while in self-imposed lockdown and many companies struggle with…

CreditorWatchEconomic Snapshot

Economic Update with Harley Dale

A lack of summer sizzle keeps the RBA firmly on hold “It comes as no surprise that the RBA Board has made the decision to keep the OCR steady at…

Credit ManagementCreditorWatch

Preparing your business for the challenges of Omicron

As the Omicron variant sweeps across Australia, the initial relief that came with opening up after the lockdowns has quickly dissipated. With supply chain disruptions and labour shortages severely restricting…

AutomationCredit Risk

How can you know which companies to do business with?

One of the biggest challenges for business owners is being able to tell which companies and providers you can reliably trade with, and which you should avoid. No vendor will tell you this on…

Economic Snapshot

Economic Update - Harley Dale

Inflation up despite Omicron dragging on business confidence Today’s 1.3% lift in the CPI for the quarter (up 3.5% for the 12 months to the December quarter) shows a substantial…

Business Risk IndexCreditorWatch

The master of predictive data models

For anyone working in financial services, more predictive algorithm credit-risk models mean more informed decision making and therefore fewer losses. So how can data specialists working in fintech enhance the predictability of their models? James O’Donnell, Managing…

CreditorWatchMeet the Crew

Meet the Crew - Andrew Thomson

Meet Andrew Thomson, API Sales Specialist VIC   1.What do you do at CreditorWatch and why do you love it? I I have taken on the role of API Sales…

CreditorWatch

Meet the Crew - Natalie Ip

Meet Natalie Ip - People and Culture Officer, SYD 1.What do you do at CreditorWatch and why do you love it? I’m a new addition to the P&C team and…

Economic Snapshot

Economic Snapshot on Labour Force

CreditorWatch’s Chief Economist, Harley Dale, comments on today’s ABS Labour Force data. December’s results saw Australia's unemployment rate fall to 4.2 per cent in December 2021 from 4.6 per cent a month…

Business Risk IndexEconomic Snapshot

Industry Synopsis for CreditorWatch’s December 2021 Business Risk Index

The latest CreditorWatch Business Risk Index captures circumstances for December 2021, a month when economic promises began break. The CreditorWatch Business Risk Index (BRI) provides unique insights into the health…

Business Risk IndexCreditorWatch

CreditorWatch data: Santa went missing! But Newcastle and Perth best improving cities

SYDNEY, Thursday 20 January – Santa went missing! The December 2022 CreditorWatch Business Risk Index (BRI) has revealed that Australia’s trading activity was at its lowest point since the pandemic…

Omicron
ApplyEasyCOVID-19

Why Omicron has increased your need for automated customer onboarding

Missing information. Overwhelming amounts of paperwork. Hours of manual labour. Costly file management. Traditional credit checks and their shortcomings are giving way to a new era of efficient, rapid and…

Chief Economist Harley Dale
CEOData

Retail Sales have a bounce in their step, but for how long?

Harley Dale, CreditorWatch Chief Economist, comments on today’s ABS Retail Trade stats which saw retail sales jump 7.3 per cent in November 2021, reflecting a record value of sales in…

ConstructionCOVID-19

Big machines, big challenges: wrangling the risks of the mining, agriculture, and construction industries

Right now, there’s a lot going on for the business community to deal with. The pandemic and climate change have impacted us all in different ways with multiple flow-on effects. Some have endured far…

CreditorWatchPortfolio Health Check

How to cleanse your data to reduce credit risk this holiday season

As Australia comes out of COVID pandemic and lockdown restrictions are reduced, uncertainty around trading activity remains. During the holiday period it is vital to stay on top of your customer data. Companies…

Business Risk IndexCreditorWatch

Talking Tech: How to build a Business Risk Index, Part 4

How do you deliver the index? In this four-part series, CreditorWatch Software Architect Developer, Juanjo Lainez Reche, takes you through the decision-making and development of the Business Risk Index - one of…

ASICATO

What are zombie companies and how do you identify them?

The term ‘zombie company’ has been around since the late ’80s when the Japanese economy collapsed, and banks propped up many large corporations that would have otherwise failed. It has…

Chief Economist Harley Dale
COVID-19Economic Snapshot

Mid-Year Economic and Fiscal Outlook (MYEFO) 2021-22

Commenting on today’s Mid-Year Economic and Fiscal Outlook (MYEFO) 2021-22, CreditorWatch Chief Economist, Harley Dale, says: The Mid-year Economic and Financial Outlook (MYEFO) presents a predictably optimistic update for the…

Business Risk IndexCreditorWatch

Talking Tech: How to build a Business Risk Index, Part 3

Building the model In this four-part series, CreditorWatch Software Architect Developer, Juanjo Lainez Reche, takes you through the development of the Business Risk Index - one of the most complex and ambitious…

Chief Economist Harley Dale
CreditorWatchData

The latest NAB business results aren’t that bad

CreditorWatch’s chief economist, Harley Dale, comments on today’s NAB Business Confidence Index. November's results saw a significant drop to a level of 12, from a downwardly revised 20 in October…

CreditorWatchCrewWatch

Meet the Crew - Mandy Mill

Meet Mandy Mill, Head of Operations & Finance 1. What do you do at CreditorWatch and why do you love it? I am Head of Operations & Finance – I…

Business Risk IndexCOVID-19

The dynamics of the Australian economy are rapidly changing

As lockdown restrictions are eased in key states, Australia faces the prospect of a strong economic bounce-back in the December 2021 and March 2022 quarters. There is no shortage of challenges ahead, but we don’t lack…

Business Risk IndexCreditorWatch

CreditorWatch data: Recovery to take longer than expected; Perth and Brisbane bouncing back quickest

SYDNEY, Wednesday 8 December – The November 2021 CreditorWatch Business Risk Index (BRI) has revealed that business activity around Australia is currently weaker than expected, indicating that the return to…

Business Risk IndexCreditorWatch

Industry Synopsis for CreditorWatch's November 2021 Business Risk Index

The latest CreditorWatch Business Risk Index covers November, the first month since May where Australia has been relatively lockdown free. The CreditorWatch Business Risk Index (BRI) provides unique insights into…

ApplyEasyCreditorWatch

Food wholesalers hit by supply chain disruptions and risk from hospitality businesses

Food wholesalers across Australia are confronting international supply chain disruptions and price rises just as business picks up following the extended lockdowns in Melbourne and Sydney that obliterated profits over the past 18 months. The sector was…

Credit ManagementCreditorWatch

How data can help you make better decisions and reduce credit risk

How data can help you make better decisions and reduce credit risk In the digital age, data has become a key driver of growth, with insights guiding businesses to success. The financial services sector is…

COVID-19CreditorWatch

Omicron compounds the Great Supply Chain disruption

SYDNEY, 30 November 2021 – CreditorWatch, the Australian digital credit reporting agency, has laid out how Australian SMEs can navigate the great supply chain disruption and associated risks as the…

CreditorWatchCrewWatch

Meet the Crew - George Wolf

Meet George Wolf, Queensland Sales Manager 1. What do you do at CreditorWatch and why do you love it? I’m the QLD sales manager and I have the privilege of…

COVID-19CreditorWatch

Navigating The Great Supply Chain Disruption - Risks for Australian business leaders

What risks do Australian business leaders face as east coast lockdowns ease? Sam MacPherson, Head of Treasury at Earlytrade, uses proprietary data from Australia's largest working capital marketplace to support…

CreditorWatchRisk Management

Tips and Tricks for streamlining the business credit application process

By Luke Matthews, Senior Business Development Manager – Queensland, CreditorWatch Credit applications are a critical part of onboarding new customers. Put simply, a credit application is an essential contract that allows…

CreditorWatchGuest Contribution

What are personal guarantees and why are they important for your business?

By Prue Greenfield, Principal Lawyer, Macpherson Kelley These documents are useful for supplementing credit agreements but it is crucial that they are set up properly. A personal guarantee is a promise made by a guarantor that…

CreditorWatchGuest Contribution

Start Your Business on the Right Foot: Good Credit Practices for New and Nano Businesses

By Angela McDonald, Founder & Managing Director of Optimum Recoveries If there was ever a time to start your own small or nano business, it’s now. Australian Bureau of Statistics’ figures show…

Business Risk IndexCreditorWatch

Talking Tech: How to build a Business Risk Index, Part 2

Creating the big-data datasets In this four-part series of articles, we take you through the development of the Business Risk Index - one of the most complex projects ever undertaken…

Business Risk IndexCOVID-19

CreditorWatch data: Regional Victorian businesses poised for strong recovery while Melbourne metro continues to struggle

SYDNEY, Wednesday 10 November – The October 2021 CreditorWatch Business Risk Index (BRI) has revealed a tale of two regions for the Victorian economy. Three of the top five regions…

Business Risk IndexCreditorWatch

Lockdown no impediment to business performance in regional Victoria, however, Melbourne metro continues to struggle

Regional Victoria leads the country with the best performing businesses according the October CreditorWatch Business Risk Index (BRI). The results revealed that the state now boasts three of the top…

Credit ManagementCreditorWatch

Gain confidence to resume trading as restrictions ease across Australia

New challenges as businesses resume trading Restrictions are easing across states and businesses are reopening across Australia. As trading resumes under new and evolving conditions, most small and large business owners are eager…

CreditorWatchEconomic Snapshot

Harley's Economic Update - November Edition

Wow, what an October 2021. We started that month with over half of Australia’s population in lockdown. As the month progressed, we witnessed lockdown restrictions begin to ease, then that…

Chief Economist Harley Dale
CreditorWatch

Economic Update RBA keeps interest rates on hold

Commenting on the RBA’s decision to hold interest rates today, Creditorwatch Chief Economist Harley Dale said: We have seen tentative signs of re-emerging inflationary pressures, albeit heavily influenced at this…

COVID-19CreditorWatch

Understanding the mandatory vaccination directions for Victorian workers

Macpherson Kelley has published details about the Victorian Government’s announcement for mandatory vaccination for all workers on the authorised worker list. The formal COVID-19 Mandatory Vaccination (Workers) Directions were published by the government on 7 October…

CreditorWatchCrewWatch

Meet the Crew - Mitchy Koper

Meet Mitchy Koper, General Manager Communications & Marketing   1.What do you do at CreditorWatch and why do you love it?  I joined CreditorWatch to work with Patrick and the executive…

CreditorWatchCrewWatch

Meet the Crew - Peter Krilic

Meet Peter Krilic, Customer Success Consultant, NSW  What is your role/position at CreditorWatch?  Working in the Internal Sales team as a Customer Success Consultant. What is the main purpose and…

ConstructionCreditorWatch

Construction booming but challenges abound for the industry

The construction industry has experienced particularly dire conditions since the pandemic took hold in Australia in May 2020 that now continue even as the economy clicks into recovery mode. As…

Credit ManagementCredit Risk

Your business might be COVID-safe, but is it credit safe?

As vaccination numbers grow and lockdown restrictions are gradually reduced, businesses are emerging from hibernation to a society that is eager to return to a ‘new normal’. Just as our…

CreditorWatch Board of Directors
CreditorWatchNews

CreditorWatch announces formation of Board of Directors

Australia’s leading digital commercial credit reporting bureau, CreditorWatch, is pleased to announce the formation of its Board, made up of two existing ATI Group board members and two independent non-executive…

Business Risk IndexData

How billions of datapoints became a Business Risk Index

Last week CreditorWatch launched a highly valuable, Australian-first economic indicator—the Business Risk Index. Each month the index reveals which regions in Australia are at the highest and lowest risk of insolvency in the future -…

Business Risk Index
Business Risk IndexCreditorWatch

CreditorWatch launches Australian-first Business Risk Index

The Business Risk Index (BRI) is a ground-breaking new economic indicator that provides unique insights into the health of Australian businesses by region. It draws on a wide range of…

Business Risk Index
Business Risk IndexCreditorWatch

The CreditorWatch Business Risk Index: Australia's most incisive leading indicator of business risk

Sydney, 13 October 2021 – Leading digital commercial credit reporting bureau CreditorWatch is today releasing the results of its inaugural monthly Business Risk Index, a groundbreaking predictive economic indicator to help…

Credit RiskCreditorWatch

Seven warning signs in a credit report you might not know about

CreditorWatch’s credit reports contain unique data and insights to help business of all sizes better manager their credit risk and credit score. To help you leverage all the information in our reports, here…

CreditorWatchData

Whitepaper: The Future of Fintechs - fintechs driving change in financial services

The future of fintechs is a hot topic and one of the most important trends in the financial service sector in Australia and around the globe. Creditorwatch’s Future of Fintechs…

CreditorWatchCrewWatch

CreditorWatch appoints ex-Olympian as Head of People & Culture

SYDNEY, 24 September 2021 – Australian digital credit reporting bureau, CreditorWatch, has today announced the appointment of Fiona Crawford, a two-time medal-winning Olympian and HR Director of the Year finalist,…

CreditorWatchCrewWatch

How Hackathons Unleash Technical Creativity

Hackathon – a word used and understood in the tech space, however outside of that it conjures up images of rogue computer experts using their wits to break into top-secret…

Credit RiskCreditorWatch

The power of CreditorWatch's unique data

At CreditorWatch, our unique data gives our customers a competitive edge. Our exclusive insights enable businesses, specifically small businesses to make smarter and more informed credit decisions and better manage…

Business Risk ReviewCreditorWatch

Business Risk Review - August 2021

Lockdowns slam the brakes on business activity After showing signs of resilience in July, the full impact of continuous lockdowns has taken its toll on Australian business activity, with dire outlooks for many businesses specifically in Sydney and Melbourne.…

COVID-19CrewWatch

Meet the Crew - Helen Fitzgibbon

Meet Helen Fitzgibbon, State Sales Manager, VIC What do you do at CreditorWatch and why do you love it? I am the state sales Manager for Victoria. I love doing…

CreditorWatchMeet the Crew

Meet the Crew - Nebras Sawalha

Meet Nebras Sawalha, Head of Digital Product Growth LinkedIn Page: https://www.linkedin.com/in/nebras-sawalha-5571a131/ 1.What is your role/position at CreditorWatch? Head of Digital Product Growth. 2.What is the main purpose and aims of…

CreditorWatchProduct Updates

While you Were Sleeping

Do you really know & understand the financial health of your best customers? Many small business owners are not aware that their biggest exposure to credit default may lie with…

COVID-19Meet the Crew

Meet the Crew - Georgia Page

Meet Georgia Page, Office Manager, NSW What do you do at CreditorWatch and why do you love it? I’m the Office Manager based in Sydney. I love being organised, creating…

CreditorWatchPPSR and PPSA

Protect your security interests with PPSRLogic

In this uncertain economic climate in Australia, CreditorWatch’s PPSRLogic tool is helping businesses protect themselves from customers who might be unexpectedly wound up and also from unfair preference claims. It is more important than ever…

Credit RiskCreditorWatch

Reinventing the RiskScore

Leveraging Big Data to revolutionise Credit Risk assessment. The latest partnership between CreditorWatch and Open Analytics is revolutionising credit risk assessment and automated credit decisioning. The new RiskScore product, incorporating CreditorWatch’s industry leading data…

CreditorWatchRisk Management

What does the new Payment Times Reporting Scheme mean for your business?

A piece of legislation came into being on the 1st of January this year that will have major ramifications for small businesses in Australia. The Payment Times Reporting Bill 2020…

CreditorWatchData

Why you should upload your ATB more frequently

As COVID cases grow by the day, nationwide restrictions are increasing, with lockdowns being extended indefinitely. The latest lockdowns are having a debilitating impact on businesses, especially in Greater Sydney. As…

COVID-19CreditorWatch

The catastrophic combination that is strangling Australian businesses

The combination of lockdowns and lack of stimulus from the government is leaving businesses cautious and recoiling from activity, which will have a devastating impact on the Australian economy. CreditorWatch’s…

CreditorWatchEnd of Financial Year

Economic Road Ahead EOFY Survey Results - Media Release

Aussie businesses call for tax cuts as new data reveals uncertain market conditions biggest worry for SMEs SYDNEY, 20 August 2021 — CreditorWatch, Australia’s leading digital credit reporting bureau, has released brand…

COVID-19CreditorWatch

Nailing it in Lockdown - Emma Berry

Meet Emma Berry, Business Developer Manager, NSW What do you do at CreditorWatch and why do you love it? I am a Business Development Manager, I love my role because I…

COVID-19CreditorWatch

Nailing it in Lockdown - Brendan Sherry

Meet Brendan Sherry, Senior Consultant , VIC What do you do at CreditorWatch and why do you love it? I’m a senior consultant at CreditorWatch. I have been with the company…

Business Risk ReviewCOVID-19

Business Risk Review - July 2021

Trade payments data healthy… but for how long? The stats that matter - Comparing July’s Business Risk Review 2021 to June 2021 Payment defaults down 20% Credit enquiries up 12.5%…

CreditorWatchSmall Business

SMEs set to lift their online game; women leading the demand for unsecured business loans

It seems SMEs have been slow to get onboard the online boom, with only a little over a quarter of SME revenue coming from e-business, according to new research by…

Credit ManagementCreditorWatch

Using CreditorWatch to support your trade credit insurance policy

CreditorWatch and trade credit insurance both protect businesses from the damaging impacts of bad debt. But what are their respective roles and how exactly do they work together? This article…

Economic Road Ahead EOFY Playbook 2021/22
CreditorWatchEnd of Financial Year

Business Confidence Critical for Trade Credit: New Research

Download EOFY Playbook This is the second year CreditorWatch has published its Economic Insights: the Road Ahead report, which is an opportunity to reflect on the financial year that was…

Business Risk ReviewCreditorWatch

Business Risk Review: June 2021

Analysing the ebb and flow of our economic recovery Stats that matter – comparing June’s Business Risk Review 2021 to May 2021 External administrations down 22.6% Court actions down 9%…

Credit ManagementCredit Risk

CreditorWatch Payment Rating

It’s as easy as ABCDE On 1 July 2021, CreditorWatch launched Payment Rating - our latest product designed to shed light on slow-paying businesses. The new tool scans business-to-business transactions…

AutomationCredit Reports

Maintaining Business Performance by Skilfully Implementing Automation

Businesses have accelerated their adoption of technology post pandemic. The CreditorWatch sales team explains why they should be cautious about over-reliance on automation.

Business Risk ReviewCreditorWatch

Business Risk Review: May 2021

The CreditorWatch Business Risk Review May results are in and might spell trouble for the fledgling COVID economic recovery.

CreditorWatchExperts

Can the Federal Government Pull Off the Economic Miracle It’s Hoping For?

On a sparkling Sydney day with gun barrel views of the harbour, a room of senior executives were treated to the insights of one of Australia’s most senior and insightful economists, ACCI’s Ross Lambie.

CreditorWatchCrewWatch

Meet the Crew: Arun Baghel

Meet Arun - our Engineering Team Lead and one of our brilliant developers that has helped create CreditorWatch's team culture from scratch.

Credit ManagementCredit Risk

PPSR Protection Education Hub

We've teamed up with PPSR experts, the Australian Financial Security Authority (AFSA) and Ledlin Lawyers, to refresh your knowledge on how to protect your business and security interests.

PPSR and PPSARisk Management

Using the PPSR to Fight Against Unfair Preference Claims

Paul Mead and Hilbert Klaster discuss how unfair preference claims work and how the PPSR protects your business from preferential payment clawback.

Credit RiskCreditorWatch

The Six Big Benefits of the PPSR

Four letters, six reasons. This is your quick guide to the top benefits you'll enjoy if your business uses the Personal Property Securities Register, or PPSR.

Cash FlowCOVID-19

Collection Teams: Upskilling to Overcome Current Challenges

CreditorWatch customers part of a collection team can take advantage of a free workshop from eMatrix and government-subsidised training to boost their skillset. Learn more in this article.

Business Risk ReviewCOVID-19

Budget and Business Risk Review: April 2021

One month on from the end of JobKeeper - what's the state of play? Read CEO Patrick Coghlan's and Economist Harley Dale's expert commentary on our latest Business Risk Review data.

ATOCredit Risk

Phoenixing: The Rise of Director Due Diligence

CreditorWatch's Caroline Smith and Dominic D'Andrea offer businesses practical advice and tips on how to spot illegal phoenixing and prevent dodgy directors affecting their cash flow.

Credit ManagementCreditorWatch

Small Business Solutions: Debt Prevention and Management

We've teamed up with Brad Bulow and Angela McDonald to give small businesses practical and easy-to-implement advice on preventing bad debt, collecting late payments and protecting cash flow.

Credit ManagementCredit Risk

Latest CreditorWatch Product Developments

CreditorWatch is continuously improving its credit risk product suite and business solutions. We've made some impressive strides in the last 18 months. Find out more in this blog.

Credit RiskCreditorWatch

Strategies to Reduce Supply Chain Risk: Lessons from the Pandemic

Procurement specialist Brendan Sherry offers four practical ways you can mitigate your supply chain risk and implement effective strategies to avoid financial stress.

Business Risk ReviewCOVID-19

Business Risk Review: March 2021

Credit enquiries are on the rise, according to the CreditorWatch March 2021 Business Risk Review. Does this mean increasing business confidence in the Australian economy?

CreditorWatchMeet the Crew

Meet the Crew: Brendan Sherry

Meet Brendan, one of our top performing Senior Sales Consultants, keen travellers and dad-to-be.

COVID-19Experts

JobKeeper Ends on 28 March 2021

What does the end of JobKeeper on March 28 mean for businesses? Economist Harley Dale discusses on the CreditorWatch blog.

COVID-19Credit Risk

The Grasshopper Effect: How to Recognise and Prevent Supplier Hopping

Quick and skilled at camouflage, supplier hoppers have been plaguing Australian businesses before COVID-19, but their ill effects are more widespread than ever. Hilbert Klaster discusses how to detect supplier hopping behaviour.

CreditorWatchInternational Women's Day

International Women's Day: CreditorWatch Brisbane Event

Our final International Women's Day event for 2021 was a Brisbane lunch, led by special guests Hetty Johnston AM (child protection advocate and founder of Bravehearts) and Greg Layton (executive coach and founder of Chief Maker).

Cash FlowCOVID-19

B2B Sales Strategy: The Evolution Post-Pandemic

Now more than ever, business risk reaps reward. Our National Sales manager Danny O'Neill discusses how B2B sales strategy has shifted since the pandemic and what businesses should be doing to boost cash flow.

CreditorWatchInternational Women's Day

International Women's Day: CreditorWatch Melbourne Event

35 guests enjoyed a fine dining experience at our Interntational Women's Day event in Melbourne, but the real showstoppers were the personal experiences shared by successful women in the finance industry, including Caryn Kakas, Head of Housing Strategy at ANZ Bank.

Business Risk ReviewCreditorWatch

Business Risk Review: February 2021

Only one month to go until JobKeeper and JobSeeker ends. Find out how economic conditions are panning out before the government's financial relief for businesses stops.

Charity and CommunityCreditorWatch

International Women's Day: CreditorWatch Sydney Event

Relive our first International Women's Day event for 2021: a lunch at Cafe Sydney, attended by a close group of inspirational ladies across the finance and media industries.

CreditorWatchMeet the Crew

Meet the Crew: Caroline Smith

Meet Caroline from our Sydney office - our bicycle-riding ray of sunshine that meets new businesses around the state and introduces them to CreditorWatch.

Credit ManagementCreditorWatch

Streamline Your Accounts Receivable Process

Your accounts receivables might be an afterthought, but implementing an effective process is the best way to protect your business from risky debtors and create strong working relationships with your customers. Learn how with these four tips.

CreditorWatchExperts

Accountants for Small Business: Value Beyond the Numbers

Brad Bulow, Partner at Sammut Bulow Bennett Partners, speaks to CreditorWatch QLD Manager George Wolf about how an accountant can offer value to small businesses.

Business Risk ReviewCOVID-19

Business Risk Review: January 2021

The construction industry is one to watch as payment times blow out to 44 days overdue. Get the latest stats and insights from our Business Risk Review for January 2021.

Credit RiskCreditorWatch

SME Finance Options: Part 2

Phil Druce, COO of Lend Capital, discusses the different types of finance options available to small businesses in the final part of his blog series.

COVID-19CreditorWatch

Using the PPSR to Protect Your Business in the COVID-19 Aftermath

Equip your business with the best protection possible when JobKeeper ends - the PPSR. Our in-house PPSR expert Paul Mead writes about who should be getting their PPS registrations in order, and why.

Credit ManagementCreditorWatch

Work Smarter with Credit Risk Technology

CreditorWatch is a market leader in innovation. Grace Kulbe, one of our Melbourne-based Senior BDMs, writes about her three favourite technology tools that make credit risk management a breeze.

Business Risk ReviewCOVID-19

Economic Perceptions with Harley Dale

Harley Dale, CreditorWatch Chief Economist, offers his expert thoughts on the economy, COVID-19 and industry performance in 2021. Where to from here? Find out in his insightful blog post.

Credit RiskCreditorWatch

Lending Insights: Helping Lenders Prevent Loan Stacking

Lending Insights is an industry first. Learn more about the tool that gives finance businesses and lenders data and visibility over borrowers who are loan stacking.

ASICCOVID-19

Navigating Temporary Restructuring Relief During 2021

Temporary restructuring relief is available to eligible companies until 31 March 2021. Find out what this means for both creditors and insolvent businesses.

Business Risk ReviewCOVID-19

Business Risk Review: December 2020

Get the latest industry stats from the CreditorWatch Business Risk Review and expert insights from CEO Patrick Coghlan and Economist Harley Dale.

CreditorWatchExperts

A Deep Dive Into the Queensland Economy

How has the Queensland economy fared in 2020? Our QLD Sales Manager George Wolf interviewed renowned Australian economist Dr Marcus Smith for an expert look into the issues, facts and figures that have driven the state this year.

Business Risk ReviewCreditorWatch

Business Risk Review: November 2020

This is the last Business Risk Review for 2020. How is the economy recovering after a disastrous year and what does the outlook like for the New Year? Equip yourself with the data that matters.

CreditorWatchExperts

SME Finance Options: Part One

Phil Druce, COO of Lend Capital, makes his debut on the CreditorWatch blog with Part 1 of an insightful series designed to help small businesses understand the types of loan products available to them.

AutomationCredit Management

You Ask, We Answer: RiskScore Q&A

RiskScore is the most predictive credit score in the market to assess the creditworthiness of your commercial customers. See if your question has been asked, and if not, get in touch and we'll be happy to help!

Business Risk ReviewCOVID-19

Economist Industry Snapshot: Business Risk Review, October 2020

CreditorWatch Economist Harley Dale offers his unique perceptions on the Australian economy and key industries in our latest Business Risk Review.

Business Risk ReviewCOVID-19

Business Risk Review: October 2020

74% of Australian industries recorded a decrease in payment times in October's Business Risk Review. Get the latest statistics and data from our monthly review, including insights from our CEO and Chief Economist.

Credit ReportsCredit Risk

Taking the Risk out of Commercial Credit Management

We're so proud to finally launch CreditorWatch RiskScore - the most accurate credit score and rating in the market. Learn more about RiskScore and how you can use it to make more informed decisions about your customers.

COVID-19Credit Management

Three Lessons From Using a Business Credit Bureau

Borna, our Key Account Consultant, reminisces on the three biggest lessons his customers have learnt after being introduced to CreditorWatch and starting to use a commercial credit bureau.

COVID-19CreditorWatch

Thinking Big and Driving Change During COVID-19

Ready for a good news story? We chat to Diane Tate, CEO of the Australian Finance Industry Association (AFIA), to find out how Aussie businesses and the finance industry are innovating during COVID-19.

Cash FlowCredit Risk

Simplify Debtor Management and Improve Cash Flow

Lucinda Judd, our Trade Consultant, shows you how DebtorLogic can help you get paid faster. She's offering businesses a free ATB analysis to demonstrate how. Read this post for more details.

Business Risk ReviewCredit Risk

Early Signs of Stabilisation in the Australian Economy

The numbers in our Business Risk Review for September paint an interesting picture of the shift in the Australian economy. Find out the latest data and how your industry has fared in this blog.

ApplyEasyCredit Management

Using ApplyEasy to Streamline Business Credit Applications

Trade credit applications can be messy and time-consuming to fill out and review. ApplyEasy, our online credit application tool, is a game changer. Find our why in this blog.

PPSRLogic
Credit RiskCreditorWatch

SME Trade Payment Data: Your Key to Reducing Credit Risk

Major Accounts Director, Gordon Porter, is passionate about reducing the credit risk of Australia's corporates with unique data. Find out how CreditorWatch's trade payment data offers the insights you need to avoid bad debt.

Credit RiskCreditorWatch

Four Ways to Better Manage New Customers and Reduce Business Credit Risk

Matt Jackson, GM of CreditorWatch, discusses why solid business relationships are so important to preserve your bottom line. Read more for his top four tips on how to identify and deal with a risky customer.

AdministrationBusiness Risk Review

Zombie Companies Continue to Hide Under Safe Harbour

Download our latest data on external administrations, payment defaults and payment times in August's Small Business Risk Review - now with insights from CreditorWatch Chief economist Harley Dale.

CEOCOVID-19

Set the Course: Navigating a Way Out of the Temporary Insolvency Measures

CreditorWatch, AICM and ARITA call upon the Australian government not to extend safe harbour provisions. We released a whitepaper with unique creditor insights, expert commentary and recommendations from Patrick Coghlan, Nick Pilavidis and John Winter.

COVID-19Credit Risk

Leveraging Trade Payment Data in the COVID-Impacted Economy

Neill Borg, CreditorWatch's Enterprise Accounts Director, discusses how you can use trade payment data to identify hidden risks to your business during COVID-19.

Business Risk ReviewCOVID-19

CreditorWatch Data Suggests Small Business Recovery

Are there finally some green shoots appearing in the economy? CreditorWatch CEO Patrick Coghlan is wary, even as payment defaults fall by 13 percent in July 2020.

Credit RiskCreditorWatch

Credit Risk Technology: The Benefits of Automation

Credit risk management getting you down? Make faster decisions and streamline your internal processes by introducing automation into your business.

COVID-19Credit Management

Commercial Real Estate and COVID-19: Strategies for Success

The COVID-19 pandemic has permanently transformed the commercial real estate (CRE) sector. Struggling to do things differently? Learn how to be resilient with our three strategies for success.

CreditorWatchMeet the Crew

Meet the Crew: Danny O'Neill

As CreditorWatch's National Sales Manager, Danny has plenty of advice and life lessons to share. However, wearing a white shirt and eating spaghetti at a client lunch is not one of them. Read more here!

Business Risk ReviewCreditorWatch

Business Risk Review Q2 2020: Industry Analysis

Breakdown CreditorWatch's Small Business Risk Review data to reveal how your industry has been affected by COVID-19 during Quarter 2 2020.

In a Credit Pickle? Article header image
Business Risk ReviewCreditorWatch

Zombie Companies Multiply as Payment Times Blow Out

Our Small Business Risk Review data for June shows payment times across all industries have blown out by an average of 49 days year-on-year. Access the latest business stats in this article.

How to Improve Your Credit Score
CreditorWatchMeet the Crew

Meet the Crew: Alberto Cubeddu

Meet CreditorWatch's Head of Development and all-round ray of sunshine - Alberto Cubeddu. Learn how he leads his team to success in this employee profile.

IWD 2020
COVID-19Credit Risk

How to Avoid the Preference Payment Trap

Are you at risk of being caught in a preference payment trap? In this article, Insolve discusses how to avoid the dangers of preference payments and the importance of securing yourself as a creditor.

Retail Industry - Small Business Risk Review Q4 2019
Credit ReportsCreditorWatch

New and Improved: Downloadable Credit Report PDFs

Commercial credit risk management has never looked so good. We have given our downloadable credit report PDFs a makeover: a striking design, clearer analysis and more data options than ever before. Read this how-to guide before downloading yours.

COVID-19CreditorWatch

BBW Lawyers' COVID-19 Update: Transitioning Out of COVID-19 Restrictions

This is the third COVID-19 update from BBW Lawyers. Learn how the New South Wales Courts are gradually relaxing COVID-19 restrictions and a implementing a phased return to in-person hearings.

Slow Paying Clients? Not On Our Watch
Credit RiskCreditorWatch

Adverse Cross Directorships: Mitigating Director Risk

It's official: Director Identification Numbers (DINs) will now be assigned to all company directors to improve accountability and prevent illegal phoenixing. Learn how CreditorWatch is helping in the fight with our feature Director Due Diligence.