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.
Aug 10, 2022
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.
Jul 29, 2022
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.
Jul 01, 2022
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.
Jun 30, 2022
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…
May 11, 2022
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.…
Apr 13, 2022
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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.
Aug 10, 2022
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.
Aug 10, 2022
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.
Aug 10, 2022
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?
Aug 03, 2022
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.
Aug 03, 2022
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.
Aug 02, 2022
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.
Aug 02, 2022
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.
Aug 01, 2022
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.
Aug 01, 2022
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.
Jul 29, 2022
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.
Jul 29, 2022
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.
Jul 29, 2022 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.
Jul 29, 2022
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!
Jul 29, 2022
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.
Jul 29, 2022
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.
Jul 29, 2022
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.
Jul 26, 2022
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.
Jul 25, 2022
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.
Jul 25, 2022
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.
Jul 21, 2022
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.
Jul 21, 2022
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.
Jul 19, 2022
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.
Jul 13, 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.
Jul 12, 2022
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.
Jul 12, 2022
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.
Jul 12, 2022
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.
Jul 05, 2022 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.
Jul 05, 2022 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.
Jul 01, 2022
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.
Jun 30, 2022
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.
Jun 28, 2022 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.
Jun 27, 2022 
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.
Jun 20, 2022 
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.
Jun 17, 2022
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!
Jun 15, 2022 
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…
Jun 03, 2022 
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…
May 30, 2022
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.…
May 11, 2022 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…
May 11, 2022
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…
May 10, 2022 
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…
Apr 28, 2022
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…
Apr 20, 2022
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.…
Apr 13, 2022 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…
Apr 12, 2022 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…
Apr 12, 2022
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. …
Mar 30, 2022 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…
Mar 30, 2022
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…
Mar 23, 2022
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…
Mar 17, 2022
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…
Mar 14, 2022
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…
Mar 10, 2022 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…
Mar 08, 2022
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…
Mar 07, 2022
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…
Mar 01, 2022
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…
Feb 24, 2022 
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…
Feb 20, 2022 
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…
Feb 15, 2022 
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…
Feb 08, 2022
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…
Feb 08, 2022
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…
Jan 31, 2022
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…
Jan 24, 2022
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…
Jan 19, 2022 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…
Jan 19, 2022
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…
Jan 16, 2022 
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…
Jan 10, 2022
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…
Dec 28, 2021
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…
Dec 22, 2021
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…
Dec 16, 2021
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…
Dec 15, 2021 
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…
Dec 13, 2021 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…
Dec 07, 2021 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…
Dec 07, 2021
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…
Dec 07, 2021 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…
Dec 03, 2021
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…
Nov 29, 2021
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…
Nov 24, 2021
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…
Nov 22, 2021
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…
Nov 17, 2021
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…
Nov 09, 2021 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…
Nov 09, 2021
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…
Nov 08, 2021
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…
Nov 02, 2021
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 -…
Oct 17, 2021
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…
Oct 12, 2021
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…
Oct 01, 2021
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,…
Sep 24, 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.…
Sep 14, 2021
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…
Sep 13, 2021
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…
Sep 10, 2021
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…
Sep 06, 2021
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…
Aug 24, 2021 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…
Aug 20, 2021
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…
Jul 27, 2021
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.
Jun 04, 2021
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.
Mar 23, 2021
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).
Mar 22, 2021
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.
Mar 15, 2021
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.
Feb 25, 2021
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.
Dec 17, 2020
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.
Nov 08, 2020
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.
Sep 23, 2020
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.
Sep 20, 2020
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.
Aug 31, 2020 
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.
Jun 24, 2020
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.
Jun 23, 2020
CreditorWatch CEO Patrick Coghlan and the expert panel at Insolve share their tips on how to identify a zombie company and protect your business with credit risk management and due diligence.
Jun 05, 2020
Understand company financials and the benefit of a Financial Risk Assessment to assess the financial health of your customers and suppliers. Watch the webinar or read this overview to gain valuable insights.
May 26, 2020
On June 18, Patrick Coghlan will rough it for the night and sleep in his backyard to experience what it's like to be homeless. Unfortunately, this is a reality for thousands of Australians. Please give what you can and help Vinnies support Australians in need.
May 25, 2020
Keep your business running smoothly, even during social distancing, by using electronic acceptance and ApplyEasy. It's a secure and efficient way of onboarding your customers and growing your business.
May 20, 2020
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.
May 16, 2020