What is third-party debt collection?
Outsourcing your debt collections to a third party can provide you with specialised support and experience in securing payments or initiating legal proceedings.
Bad vs. doubtful debt, and how the provision works
Cash flow is the lifeblood of a business, which makes anything that stems this flow a threat to business sustainability. That said, extending lines...
What is a trade creditor?
As you conduct trade both within Australia and overseas, you will likely either become a trade creditor to someone else, or accrue creditors in your...
In plain English: Australian debt collection guidelines
Australia's debt collection guidelines ensure that creditors can pursue what's owed to them, but that debtors are protected from inappropriate behaviour.
Trade credit insurance: What is it, and what do you need...
It's common to purchase insurance that deals with specific and dramatic circumstances such as theft or property damage, but just as important is insurance...
What are the types of credit insurance?
There are all sorts of different types of insurance available to individuals and businesses. While each of these is designed to account for specific...
Effective cash flow management strategies for small businesses
Cash flow is the life blood of the Australian small business, and when that blood stops flowing, the organs are at risk of shutting...
Is there a difference in how small businesses enforce debt collection?
Debt collection is a tricky businessĀ for companies of all shapes and sizes, but the process is particularly vital to small and medium sized enterprises...
What are your rights if you have unpaid invoices?
Running a business while maintaining a positive cash flow is never easy, but the job is much harder when dealing with a customer who...
How Australian SMEs can chase invoices in a timely manner
Time is money - and nobody knows this more intimately than a small business owner. Research conducted by Xero has found that only 50.7 per cent...