payment times

payment times Archives

Big businesses urged to cut their payment times to small-business suppliers

Big businesses in the manufacturing, construction and retail trade sectors recorded the worst performance in paying thei...
payment code, faster payments

Large businesses commit to working on ensuring quicker payments to their SME suppliers

About 40 per cent of the requests for assistance that come into the ASBFEO's office relate to payment times.
late payments, payment times

ASBFEO ‘appalled’ by latest payment times figures

According to the data reported to the regulator, the worst performers were big businesses in manufacturing, retail trade...

Aussie small businesses record highest wage growth in over five years

The latest Xero Small Business Index revealed that wages rose 4.6 per cent y/y in September, the largest increase since ...
Late payments hurting small business

How to tackle late invoices

Chasing unpaid invoices, whilst a chore, is important because your clients need to know that you value your work, goods ...
eInvoicing

New research reveals time-saving benefits of eInvoicing

The feedback from the study confirms invoicing is a significant component of an SME's administrative tasks, with 83 per ...

Small Business Index riding high on faster payment times and jobs growth

Australian small businesses are continuing to sell more goods and services than they did a year ago, despite customers f...
payment times

Big businesses called out anew over late payment times

The Business Council of Australia has created a supplier payment code, urging big businesses to pledge to pay small-bus...

Payment times blow out as businesses feel pressure of economic challenges

The research reports 3917 liquidations or administration appointments among Australian companies in 2021-22, with over a...
intelligent automation, tech

Doing more with less: let tech do the heavy lifting this new financial year

It is crucial to invest time and resources into technology in order to run more effectively, streamline processes, and b...