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…
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…
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.…
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…
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…
Collecting debts can be a frustrating endeavour, especially when dealing with stubborn and dishonest customers. This often places a significant burden on business owners and staff, particularly in micro, small, and medium enterprises with limited resources. When invoices remain unpaid, companies may face challenges that can disrupt operations, hinder growth,…
A steady cash flow is a key factor for sustained business growth, ensuring that Australian businesses have the funds for day-to-day expenses. However, certain disruptions, such as unpaid debt from consumers and other firms, can affect stability and cause a financial decline, making it challenging for a company to pay…
At Bluechip Collections, we understand the importance of efficient cash flow management. That’s why we offer comprehensive Accounts Receivable (A/R) services to Australian businesses, designed to streamline the collections process and help businesses recover overdue payments quickly. Our A/R services take the burden of chasing payments off your shoulders, allowing you…
In the world of business, dealing with disputed debts can often seem like navigating a minefield. It’s an intricate dance between maintaining good customer relations and safeguarding the financial integrity of one’s company. Disputed debts not only represent a challenge to cash flow but can also disrupt business operations and…