Nov
24
Do you know how your finance team is spending their time? Do you know which activities are eating away at their time? Can you identify what your team’s strengths and weaknesses are? Better yet, do you know what strategies are the most successful in collecting cash? How can you tell...
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Jul
21
Most Office Managers find the task of Accounts Receivable (AR) more difficult than other tasks because it requires a great deal more emotional energy, patience, persistence and organization to keep it under control. Why? You’re talking to customers. Therefore care and tact are needed in order to ask for payment...
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Jun
08
Urgency for prompt payments to small and medium enterprises (SMEs) highlighted by new data from Xero. Xero has released analysis of COVID-19’s initial impact on New Zealand’s SME sector. It highlights the importance of paying SME invoices promptly as they move into the rebuild and recovery phase. Craig Hudson, Xero...
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May
28
Accounts Receivable (AR) is a relatively small cog in your business machine but it carries with it an outsized cost if mismanaged. Conversely, if managed well it offers an outsized benefit to a business in the form of predictable cash flow and predictable customer experience. No surprises. You’re happy, your...
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May
14
We know it’s tough out there. For some of you, things have never been tougher. We’re here to help with our new pay-as-you-go pricing option for COVID-affected businesses. Cashflow-friendly. Only pay us when the money hits your bank. Zero fees. If we are unable to get you paid, you won’t...
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Apr
10
To help keep your cash flowing and acknowledge the stain your customers will be feeling, we've created a dedicated web page to help you adapt to COVID-19. The page includes: Key considerations before you change your reminders. New reminder templates for COVID-19 - feel free to download, customise and send...
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Nov
28
Sports Accounting Australia (SAA) is all about sports. They’ve been assisting national and state sporting bodies across Australia with their finance and business planning for over a decade. Already a huge proponent of Xero and other cloud-based accounting solutions, being a paperless firm has allowed SAA to leverage their employees...
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Nov
26
At CreditorWatch Collect we don't just believe in the power of technology, we also believe in the power of the human touch. Alongside our smart software, our experienced Receivables Specialists, based in New Zealand, work as your virtual employees. They become part of your extended accounts receivable...
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Sep
26
One of the secrets for a stress-free (and hands-free) accounts receivable process is using smart automation. Automated email reminders are a good start, however, extending this to include Automated Calls makes for a seamless, optimal AR process. The earlier our AR specialists can pick up the phone, the sooner they...
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Sep
25
Like many business owners, I struggle with Shiny Object Syndrome (SOS); the insatiable desire to chase something new - be it a new business idea, feature or goal - instead of focusing on what’s in front of me. Sure it’s more exciting and feels good, but it comes at a...
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