In our previous posts, we’ve talked a lot about the detrimental effects that an inefficient and unorganised debt collection process can do to a business. Wasted resources, poor cash flow, and productivity loss are only a few of the negative impacts that we’ve highlighted. But today, we’re going to take a more positive approach and
An efficient credit control strategy is crucial to the success of any business. After all, this policy ensures you get paid for the products and services you provide. Unfortunately, the credit control process can be quite complex and time-consuming, which is why many business owners struggle to stay on top of it. As a result,
Recently, Slater Byrne adopted an online review system that allows clients to leave a star rating and comment regarding the services we provide to businesses across Australia and New Zealand. Trustpilot is a website that publishes customer reviews across all their platforms for the public to see and allows transparency when it comes to business
Earlier this month, Australia’s big four banks—Westpac, Commonwealth Bank, National Australia Bank, and Australia and New Zealand Banking Group—announced they will be implementing major changes to small business loan contracts to make them fairer. ASIC Investigation on Unfair Contracts This news comes after the Australian Securities and Investments Commission (ASIC) together with the Australian Small
There comes a time in the life of every business when change becomes necessary for survival. This change might be as straightforward as reducing manpower or adapting new technology. It can also be as complex as restructuring your existing processes and systems. Companies that can quickly identify what needs to be changed and do it
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