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“The October Effect”: What does 2020 hold for Your Business?
The October effect refers to the psychological anticipation that financial declines and stock market crashes are more likely to occur during this month than any other month. After what has already been a torrid year for Australia with bushfires and Covid 19, October 2020 looms with: The typical pre-election business...
What is a business credit score and other FAQs
You’re probably familiar with the personal credit score as a measure of a consumer’s ability to repay a loan....
Transforming your accounts receivable process for a post-pandemic future
How we do business has changed. Physical distance from co-workers and customers has transformed how we communicate and...
Why it’s your business to know your customer’s credit rating during a recession
The Australian economy is currently experiencing its biggest economic contraction since the1930s. Australia’s triple A...
Days Sales Outstanding (DSO) and how to halve it
Days Sales Outstanding, or DSO, is the average number of days for a business to collect a cash payment from a credit...
ABM + ezyCollect: Ajendico’s 3-step plan for accounts receivable efficiency
Di Peters, Ajendico Di Peters is the Managing Director at Ajendico Pty Ltd, Australia’s leading Advanced Business...
How to ask customers to pay their outstanding balance during COVID-19 (+ email template to get paid now)
COVID-19 has changed trade as we know it, perhaps forever. What hasn’t changed is your need to get paid on time....
New: Credit Insights to safeguard business against credit risk
Business has never felt riskier. The economic uncertainty delivered by COVID-19 has put question marks over everything...
How to collect unpaid invoices during COVID-19: Debt collection webinar
COVID-19 has spun business on its head. While some businesses are powering on, others are scrambling to survive....
New debt collection laws: How they affect your business
Under temporary new Australian laws relating to corporate debt collection, creditors still have the right to enforce...
JobKeeper explained: Income support to keep jobs
*Updated 22 July 2020 following amendments by the Australian Government on 21 July 2020* Existing JobKeeper payments...
How to get your business cash flow boost from the Australian Government
On 24 March 2020, the Australian Government’s Economic Response to the Coronavirus package passed without objection...
Speed up your cash recovery process online for free
As of today, ezyCollect has committed to setting up businesses with its online accounts receivable platform for free...
Bank-by-Bank COVID-19 Business Support
The financial contagion of the COVID-19 pandemic is expected to reach every business and every household. No one...
*Updated* Australia’s economic stimulus: Keep businesses in business
Updated 22 March 2020: The staged total economic relief package so far from the Australian Government and the Reserve...
10 strategies to protect your business in an economic downturn
At its first meeting in 2020, on March 3rd the Reserve Bank of Australia (RBA) cut interest rates to a record low of...
Why other businesses get paid faster than you: The secrets to their competitive edge
Every business banks on its competitive edge in order to grow. Successful businesses deliberately expand their...
10 key takeaways from NetSuite’s SuiteConnect Sydney 2020
What do a Mexican fast food restaurant chain and a home loan lender have in common? NetSuite, it seems. SuiteConnect...
This is why we have debt collection guidelines
A few landmark cases in Australian courts have highlighted the importance of following debt collection guidelines when...
New integration: PBS test drives Attaché software plus ezyCollect
Brendon Page Brendon Page is an Attaché software veteran, clocking more than 24 years of experience with the suite....
Demand letter template: The correct way to write a letter of demand
A demand letter can be a powerful addition to your collection strategy. Think of it as being more formal than your...
How top food industry CFOs save time and money on accounts receivable management
The food processing industry is Australia's largest manufacturer (austrade.gov.au). From paddock to port, the food...
New Integration: Advanced Business Manager (ABM) Software
ezyCollect’s accounts receivable platform now integrates with Advanced Business Manager (ABM). Users of ABM’s...
Why bigger businesses need more than payment reminders to get paid faster
Business owners looking to get paid faster are right to think about sending automated payment reminders. After all,...
All work and no pay makes wholesale a difficult business
Businesses are getting better at paying on time, but wholesale distributors still suffer from the late paying habits...
Collection call 101: Getting the results you want over the phone
The collection call to an overdue customer may not be the favourite part of a credit controller’s job, but...it's...
A 10-step plan to detox your debtor management problems
January is the perfect time to finally get on top of the debtor management problems that’s been suffocating your cash flow. It’s time to get out of the forest and see the blue sky once again.
We want to help
This summer, Australia burns in unprecedented waves of mega fires. Just days into January 2020, the haunting threat to...
Four alternative finance options for debtor financing and cash flow
The traditional finance system is getting a run for its money as more SMEs look to borrow from specialist non-bank lenders, finds the Scottish Pacific Growth Index released September 2016.
Australian Business Growth Fund: What it means for your business
The Morrison Government announced on 27th November 2019 that it will establish an Australian Business Growth Fund that...
Overdue invoices? Templates for email and SMS reminders
Research from ezyCollect shows that most overdue invoices are paid by the third reminder. That means the supplier must...
