#Invoices
SMEs are battling with month-long payment delays
According to new research, almost one in every four large corporations takes four months or longer to pay their small company suppliers' payments.
PEPPOL & e-invoicing explained: What it means for your business
Electronic invoicing (e-invoicing) is the system-to-system exchange of invoices via a common standard called PEPPOL (Pan European Public Procurement Online), which Australia and New Zealand adopted in 2019.
6 smart hacks to manage cashflow in FY19
How can we become a financially functional in FY19?
The value of a lost receipt: Why businesses should capture every expense
An individual earns income, pays income tax and then pays expenses with what’s left. A business basically pays for expenses with pre-tax dollars whereas an individual pays expenses with post-tax dollars.
Are you a hypocrite? How do you compare when it comes to paying suppliers?
Are small businesses guilty of paying other small businesses late? Are the people whinging also the source of the problem? Could it be that we are hypocrites?
Bidding for invoices: Bringing SMEs and investors together
Capital, it’s a key factors that can determine whether or not a small business survives another day. With this firmly in mind, Charlotte Petris and her co-founder-husband launched a business that brings SMEs together with an all-important business element: the investor.
Why you should pay your invoices on time
Late payment is becoming an epidemic that is threatening the future of many small and medium sized organisations Australia wide. Australia often sees itself as an egalitarian society, the land of the fair go – well where is the fairness in not paying supplier invoices in a timely manner!
5 tips to avoid holiday cashflow woes
Cash is like oxygen for small business owners, and keeping a close eye on cashflow is important—especially during the holiday period when it can be hard to contact your debtors.
Businesses taking two months to pay bills
Businesses are almost two months late in paying their bills, with the national tardiness rate blowing out to an average 53 days.
SMBs struggle to pay bills on time
Over two-thirds of small businesses aren’t paying bills on time, with the number of organisations paying invoices more than three months late jumping to 20 percent.
How to use invoices and bills to market to your customers
One solution to this issue is TransPromo, the printing industry’s term for the combination of personalised marketing messaging and “must-read” documents such as bills or statements.
Cash flow management frustration felt by SMEs
A recent report commissioned by mobile payment provider Mint Wireless has revealed the frustration currently being felt by small to medium businesses (SMEs) across the country in terms of slow payments, amid a deteriorating economy. The study, which examined the financial management of 1800 Australian SMEs has revealed that almost one in five small businesses […]