Invoice values plunge 50% as orders and demand plummet
CreditorWatch has released the June results for its Business Risk Index (BRI), revealing a significant decline in the value of invoices
CreditorWatch has released the June results for its Business Risk Index (BRI), revealing a significant decline in the value of invoices
ANZ is urging companies to be vigilant against fake invoice and business email compromise scams, which are costing businesses millions
Leading financing company OptiPay has seen a 25% increase in its utilisation rate for invoice financing, showing Australian SMEs are in dire need of cash.
Here are Australia’s slowest-paying industries with some businesses waiting more than 60 days to be paid.
This month’s Index shows Australian businesses facing pressure, as invoices dropped by a third in the past year, leading to reduced orders and revenues in the supply chain.
Overdue invoices and debt indicates Australian business conditions to deteriorate through 2023.
Don’t let slow payers slow your business this new financial year.
Here’s why invoice financing is often confused with factoring and business owners must understand the difference.
April sees elevated average invoice values amidst mounting business pressure.
CreditorWatch Collect promises to revolutionize account receivables and collections processes.