Yearly Archives: 2025

credit collections in Australia

The Price of Neglect: What Poor Credit Management Is Really Costing You

Late payments are one of the most persistent challenges for Australian businesses. According to industry reports, insolvencies in Australian enterprises rose by 57% over the past year due to delayed payments. Others attribute delays to invoicing errors, disputes, and unclear payment terms. But behind many of these issues lies a…

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debt collection services Perth

Types of Late Paying Clients and How to Handle Them

Late payments remain a systemic threat to Australian businesses, with 2024 data showing approximately 39% of enterprises facing extended payment delays. The crisis has intensified to the point where the Australian Small  Business and Family Enterprise Ombudsman (ASBFEO) reports a 50% rise in calls from SMEs facing insolvency due to…

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commercial debt recovery

The Hidden Costs of Late Payments

Delayed invoice settlements are a significant issue for small and medium-sized businesses (SMBs) in Australia. Buyers ‘ negligence can still result in profit losses even with a debt recovery collection agency’s support. Many SMB owners ignore this problem as chasing payments is time-consuming and may risk damaging relationships with regular…

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debt collection agency Perth

Top Metrics to Measure A/R Performance

Late payments are on the rise, and businesses are feeling the pinch. According to CreditorWatch’s Business Risk Index, September 2024 saw the highest level of late payments since March 2021. The rate of B2B payments overdue by more than 60 days jumped 21.4% year-on-year and 7.9% since the start of…

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debt recovery agency in Sydney

How to Prevent and Resolve Payment Disputes Professionally

Payment disputes are a frustrating but common reality in business. In 2024, the Australian Small Business and Family Enterprise Ombudsman (ASBFEO) acknowledged how these delayed payments can impact cash flow and, potentially, the supply chain. This comes after 42% of the ASBFEO’s assistance cases were payment disputes among small businesses. …

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cash flow management

Strategies for Managing Retail A/R in the Age of “Buy Now, Pay Later”

Buy Now, Pay Later (BNPL) services have become a game-changer for Australian shoppers, transforming how they purchase goods and services. Unlike traditional credit cards or payment methods, BNPL services let customers make purchases and pay in instalments without incurring interest—provided they meet repayment deadlines.  This model has profoundly impacted consumer…

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debt collection companies

Why Your A/R Process Might Be Sabotaging Your Cash Flow and How to Reduce Them

Outstanding invoices from customers who have purchased goods or services can heavily impact a business’s accounts receivable (A/R) management efforts. Even if merchants expect the owed money to come in, there are buyers who pay late, affecting an enterprise’s ability to cover expenses, reinvest in operations, or build a buffer…

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debt collection company

The Ripple Effect of Bad Debt on Financial Strategy

Unpaid invoices do more than slow down cash flow. They create uncertainty that makes business owners question their financial stability. For Australian companies, particularly small and medium-sized enterprises (SMEs), the effects of bad debt are more impactful. Over time, bad debt reduces flexibility and blocks future growth. Recognising the early…

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cash flow management

Understanding Why Corporate Clients Delay and How to Encourage Faster Payment

At the start of 2025, Australian businesses’ insolvencies were at record highs, up 57% year-over-year. B2B payment defaults, a leading indicator of insolvency, have more than doubled in the past year. This signals increased financial stress and potential payment delays. However, it is only one side of the bigger picture.…

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negotiating terms

How to Recover Unpaid Invoices Effectively: A Practical Guide for Businesses

Effective management of accounts receivable is vital for maintaining a healthy financial ecosystem within any business. While often underestimated, unpaid overdue invoices can substantially impede sustainable growth and efficiency. These outstanding debts can disrupt cash flow, stifle growth, and compromise long-term financial stability. To mitigate these risks, businesses should develop…

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debt collection guidelines

Is Debt Recovery a Simple Process?

Chasing unpaid debts feels like it should be simple – until you are the one doing the chasing. Debt recovery, in theory, is a straightforward process: a creditor demands payment, and the debtor complies. But in reality, it is a game of persistence, negotiation, and strategic approach.   Yet, recovering…

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The Importance of Cash Flow Management

Cash flow is the lifeblood of any business. Whether you’re a small enterprise or a large corporation, effective cash flow management is crucial for maintaining financial stability, enabling growth, and ensuring long-term success. Poor cash flow management can lead to financial stress, hinder business operations, and even result in insolvency.…

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