Category Archives: accounts receivable

Bad News for Big Firms – Late Payments On The Rise

Did you hear? Late payment times for New Zealand firms have headed up over the last two years reversing a long downward run. That’s slightly concerning isn’t it? Have you noticed an increase in late payers in your own firm? They’re a hassle aren’t they. illion’s analysis of Q1 2018 shows the average late payment…
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“Slow Me” the Money

In a recent article from New Zealand's Herald titled the ‘Worst months for small businesses’, some interesting 'late payment stats' arose from the release of Xero’s Small Business Insights Barometer across both New Zealand and Australia. The barometers aggregate data from hundreds of thousands of Xero subscribers in the small business category (across both countries). Xero’s Small…
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Cold showers and growth?

I’ve been hearing the “G” word tossed around a lot recently. G for Growth: Personal growth and business growth both get a lot of “lip time”. But here is the thing.  Words are nothing!  Actions are everything. Late last year I decided to start taking a cold shower in the morning. Easy to say –…
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5 Tips For Better Cash Flow

As you’ll no doubt realise, cash flow is critical to any firm. We understand that getting your hands on your cash (and then keeping hold of it!) can be difficult. That’s why we’ve put together these tips. We’ve used these successfully with our customers in the past, so we know they can help. How they’ll…
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How your business can avoid the Christmas cash flow blues!

This is the time of year that businesses dread – the summer holidays are nearly over and you’ve caught the cash flow blues. You might know the feeling… when you have bills to pay but your clients are still away, awaiting payment themselves or just struggling with their own cash flow. According to a recent…
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