A few landmark cases in Australian courts have highlighted the importance of following debt collection guidelines when recovering overdue cash from debtors. Thanks to high profile cases like these, debt collection practices have improved. They serve as good reminders of what not to do. In Australia, the Australian Competition and Consumer Commission (ACCC) and the […]
Businesses are getting better at paying on time, but wholesale distributors still suffer from the late paying habits of their retail customers. According to illion’s recent Late Payments Analysis (September Quarter 2019), the retail sector is the second slowest to pay their bills, paying bills an average of 12 days late. For the wholesale supplier, […]
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