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Make Your Working Capital Work for You: Ways to Optimise Your Accounts Receivable
Accounts receivables are one of the most important components of your working capital. Receivables refer to the money which you must receive from your debtors, i.e., the people you sell your products or services to. When you get your payments on time, your working capital remains in good health. But many people...
Demand letter template: The correct way to write a letter of demand
A demand letter can be a powerful addition to your collection strategy. Think of it as being more formal than your...
How top food industry CFOs save time and money on accounts receivable management
The food processing industry is Australia's largest manufacturer (austrade.gov.au). From paddock to port, the food...
New Integration: Advanced Business Manager (ABM) Software
ezyCollect’s accounts receivable platform now integrates with Advanced Business Manager (ABM). Users of ABM’s...
Why bigger businesses need more than payment reminders to get paid faster
Business owners looking to get paid faster are right to think about sending automated payment reminders. After all,...
All work and no pay makes wholesale a difficult business
Businesses are getting better at paying on time, but wholesale distributors still suffer from the late paying habits...
Collection call 101: Getting the results you want over the phone
The collection call to an overdue customer may not be the favourite part of a credit controller’s job, but...it's...
A 10-step plan to detox your debtor management problems
January is the perfect time to finally get on top of the debtor management problems that’s been suffocating your cash flow. It’s time to get out of the forest and see the blue sky once again.
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This summer, Australia burns in unprecedented waves of mega fires. Just days into January 2020, the haunting threat to...
Four alternative finance options for debtor financing and cash flow
The traditional finance system is getting a run for its money as more SMEs look to borrow from specialist non-bank lenders, finds the Scottish Pacific Growth Index released September 2016.
Australian Business Growth Fund: What it means for your business
The Morrison Government announced on 27th November 2019 that it will establish an Australian Business Growth Fund that...
Overdue invoices? Templates for email and SMS reminders
Research from ezyCollect shows that most overdue invoices are paid by the third reminder. That means the supplier must...
Accounts receivable turnover ratio: How to interpret and improve it
The accounts receivable turnover ratio is a quick and easy indicator of how efficiently a business collects revenue...
How accounts receivable automation improves productivity and cashflow
Accounts receivable automation software promises a disciplined workflow plus time-saving tools for peak labour...
New feature: Extra working capital for financing cashflow
ezyCollect’s in-app finance offer to healthy businesses gives suppliers access to extra working capital to help finance cashflow.
How to customise Xero invoice templates
Your invoice is a critical business document that represents your business and also communicates your payment terms...
