Why Australian SMEs are turning to invoice financing
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.
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.
To encourage the use of eInvoicing in Australia, the ATO is introducing eInvoicing week, which will provide small businesses with additional education, resources, and information.
In this week’s Let’s Talk, we asked experts for advice on how businesses can get paid on time.