Accounts receivable (A/R)—the money owed by customers for delivered goods or services—is a critical component of a company’s financial health. Efficient management of A/R ensures the timely collection of payments, supports operational continuity, and fuels business growth. Conversely, inefficiencies in A/R processes can trigger a range of challenges, such as…
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.…
