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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debt collection agency in Australia

Protecting Cash Flow in Tough Times: Credit Strategies for Australian Businesses

Australia has experienced several economic downturns in recent decades. Supply chain disruptions due to a global pandemic, combined with persistent inflation, significantly affected small and medium-sized businesses (SMBs) in recent years. Many businesses with unclear payment terms and weak collection efforts struggled to maintain their cash flow and ensure long-term…

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Commission-only debt collection

Commission-Only Debt Collection in Australia: What SMEs Need to Know

Australian businesses face ongoing economic challenges shaped by years of disruption. Although the COVID-19 pandemic peaked in 2020 and 2021, its lasting effects on payment habits, consumer confidence, and financial stability are still evident across the country. Rising inflation, interest rates, and increased credit reliance add further pressure.  Recent data…

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Debt collection in Australia

Is It Worth It to Hire a Debt Recovery Agency?

Late payments are a growing issue in Australia, with small and medium-sized businesses (SMBs) often bearing the brunt. When invoices go unpaid for 30, 60, or even 90 days, it disrupts cash flow and makes it difficult for enterprises to pay their own bills, suppliers, or staff. Over time, this…

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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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