In less than four weeks, Century Yuasa Batteries significantly reduced provisioned accounts and cut provisioned debt by over $150k.
Using CreditorWatch Collect's AR automation software, Catalyst Condos reduced their amount overdue 30+ days by a massive 56%.
Experts in their field, learn how Janice Hughes Bookkeeping smashed overdues and reduced 90+ days by 86% for their client.
Using CreditorWatch Collect's AR automation software, Catalyst Condos reduced their amount overdue 30+ days by a massive 56%.
Challenged with a high volume of low value invoices, Comduc said goodbye to manual spreadsheets and hello to more time, more cash and a better customer experience.
Using CreditorWatch Collect, Ark. Advance built a seamless AR process that incorporated their own brand messaging and communication.
By transferring their accounts receivable management to CreditorWatch Collect, SAA has been able to take on more clients and grow their business.
When Kendons’ Practice Manager, Liz Eveleigh, flagged that the company’s 90+ day debts had blown out to $250,000, she knew something needed to be done.
Geek IT had debts dating back 2 – 3 years, with a handful of particularly difficult customers. Using Collect, CreditorWatch Collect’s debt collection feature, one of these debts was paid back within 10 days. Tonia chats to us about her experience with Collect.
SolarQuotes’ fast growth meant invoices got neglected. And before long, cash got tight. CreditorWatch Collect helped the SolarQuotes team get on top of the situation. Now there’s an extra $118,000 in the bank, and happy prompt paying customers.
With aged receivables causing "major headaches", Polite Promotions turned to CreditorWatch Collect to automate the invoice chasing process, dramatically improving the company's cashflow and heralding a significant improvement in client relationships.
The shift to cloud-based business operation is where the journey for Brett Oaten Solicitors began to change. After discovering CreditorWatch Collect through the Xero marketplace, Brett and his team can focus on creating better relationships with their clients.
Before CreditorWatch Collect, Taryn and Sandra would spend hours each week just chasing up debtors – a task no one wants to do. They now have five extra hours each week for their core business activities, that’s an extra hour each week day.
Debt collection used to be an exhaustive process at GoFi8ure. For each overdue client, four to six phone calls were being made by the BDM. CreditorWatch Collect changed all that, reducing debtor calling time by half and freeing up significant cashflow.
As can be expected, by spending time making phone calls and sending emails for overdue invoices, Hopco was experiencing decreased efficiency. Chasing accounts became a low priority unless cashflow problems started to rear their head.
The way CreditorWatch Collect has been incorporated with Laser Electrical Blenheim’s Xero account means that it's simple to get payment data on specific customers, take note of who has become a serial debtor and deal with those people in an efficient way.
As with any new business, Planting OZ believe that time is precious. CreditorWatch Collect has resulted in faster payments, and slashed the time Director Guill Loza had previously been spending chasing up debtors.
