Can changing your credit terms get money back into your business sooner?
Businesses today have a substantial amount of money sitting in their accounts receivables. Accessing that money and getting it into your business is no small task, with more than 40% of invoices paid late. We are well aware of the problems fluctuating cashflow can create in a business with a report earlier this year citing late […]
Small business owed $115 billion in late payments – XERO
New research from the global small business platform Xero and AlphaBeta Advisors reveals the significant impact that late payments have on small businesses in Australia. The research goes as far as putting a dollar value on the amount outstanding of $115 billion per year. According to the research, half of all trade credit invoices are […]