The complete guide to managing and preventing bad debts in B2B

The complete guide to managing and preventing bad debts in B2B

B2B businesses face several challenges when collecting outstanding payments from delinquent customers. Developing a well-structured process, leveraging digitization, and upgrading your teams’ resources and capabilities can maximize recoveries and prevent bad debts. With an increased focus on debt management, companies can reduce high costs and lost income and enhance customer focus, customer engagement, resilience, and profits.
Sweeping Reforms to Business Insolvency Laws Announced Today

Sweeping Reforms to Business Insolvency Laws Announced Today

Major Reform of Australian Insolvency Laws announced today: What does this mean for Your Business? The Morrison Government has today announced the most sweeping changes to Australian Insolvency Law in over 30 years. In anticipation of a significant increase in the number of small businesses being put into external administration following the end or temporary […]
“The October Effect”: What does 2020 hold for Your Business?

“The October Effect”: What does 2020 hold for Your Business?

The October effect refers to the psychological anticipation that financial declines and stock market crashes are more likely to occur during this month than any other month. After what has already been a torrid year for Australia with bushfires and Covid 19, October 2020 looms with: The typical pre-election business slump; Loan deferrals ending; Lease […]
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