Christmas is a time for celebration and giving so the last thing you want to be worrying about is overdue, unpaid invoices. Cashflow at this time of year can be tight for both consumers and businesses and if you let unpaid invoices drag on the risk of never getting paid increases. Load your overdue invoices […]
The news over the last few days of the Rork group of companies collapsing is a startling reminder of the reality of the current Australian economic climate. Rork Group had 63 construction projects spread across QLD, NSW, ACT and VIC at the time of its collapse. Administrators for the company have reported that the company […]
Summer means sunny days, beaches, backyard cricket and BBQ’s. There are certainly better things to worry about during summer than your cashflow, so register with EC Credit Control, load your unpaid debts before 31 March 2024 and you will automatically go in the draw to win a Weber Baby Q BBQ and get back to […]
Effective debt management is an integral part of running a successful business. We understand that debt recovery can feel daunting. Fear of hurting customer relationships is one of the most common reasons why small business owners don’t pursue debts. However, with the right care and experience, it is absolutely possible to recover debt while maintaining […]
Are you looking to get paid on time? End of month billing can be a daunting prospect, and there is no guarantee of on-time payment. However, by improving your billing workflow there is a greater chance of having a healthier cash flow. Here are some ways you can improve your invoicing processes. Outline your terms […]
They say an “apple a day keeps the doctor away”. The same can be said for implementing good practices to keep your business thriving. A healthy business is a successful business. There is no one size fits all approach. However, there are proven ways to reach growth milestones. We have compiled a list of some […]
It’s not uncommon to feel uncomfortable when collecting debts. In this blog, we look at how businesses can remain professional when collecting debt. Use a digital, automated system. Using a paper system is an easy way to appear disorganised Find a system that has automated reminders Set up reminders for: Confirmation of order and payment […]
It happens time and time again. A customer has every intention of paying on time but suddenly life gets in the way and they miss a payment. Your debt recovery process is one of the key things that can benefit your business exponentially if it is jumped on early. The process itself can be set […]
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