How to check free business credit scores online

How to check free business credit scores online

In the world of business-to-business (B2B), it can be a challenge to manage late payments from customers. However, one proactive solution to minimise such occurrences is to assess the business creditworthiness of your customers based on their business credit score. In this article, we’ll explore a free option for checking business credit scores to help you get started.
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.
Why it’s your business to know your customer’s credit rating during a recession

Why it’s your business to know your customer’s credit rating during a recession

The Australian economy is currently experiencing its biggest economic contraction since the1930s. Australia’s triple A credit rating is intact but on a negative slope, according to credit rating agency, S&P Global. In June, the Reserve Bank of Australia (RBA) confirmed there is considerable uncertainty about when the economy will recover. What is certain is that […]