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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 debts through the courts but the thresholds have changed. In response to the economic fallout from the coronavirus pandemic, the new laws will remain in place for the next six months, with the option to extend to a year. Key points: As of 23...
Wage subsidy scheme explained: $1500 and 30% the magic numbers
Updated 1 April 2020 following amendments issued by Treasury on 31 March 2020 Australia’s wage subsidy scheme, known...
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...
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,...
