Australia is one of the most robust trading economies in the world. Euler Hermes ranked it the 11th country in the world where it is easiest to do business. The country’s open market imposes minimal restrictions on importation of goods and services. Australia also has bilateral free trade agreements with the United States, Chile, New
An Earthmoving company engaged the services of Slater Byrne to collect debts, which, if left unrecovered, would substantially reduce its cash flow and force it to stop operation of its business. Slater Byrne was asked to collect on 20 accounts in total from this firm for the period August 2014 to January 2019. The report
Difficult debtors can be a nightmare to deal with as they have many strategies to delay the debt recovery process and ramp up costs for creditors. It’s at times like these that it truly pays off to have professional debt collectors at your side. We know the ins and outs of the debt recovery process
In a previous blog post, we discussed the importance of obtaining ACN and ABN from potential clients—especially if you’re planning to extend them credit. These numbers serve as an extra layer of protection against bad debt as they allow you to determine who you’re conducting business with, which in turn makes the collection process easier.
Time is of the essence when it comes to debt collection. The longer you allow invoices to go unpaid, the lower your chances are of successful recovery. But if you are quick to take action and you partner with the right people, then you can save yourself from bad debts. This case study shows how
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