Category Archives: slow payer

“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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4 ingredients for safer payments!

Are you currently compliant with credit card and online payment security? According to a 2017 survey by Verizon nearly half (44.6%) of companies failed to protect payment card data on an ongoing basis. Whilst this stat appears to be high, there is no need to go into panic mode just yet. We’ve put together 4…
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One third of SME’s are suffering from Slow Payer Syndrome!

Imagine you didn’t get paid for a month or two for your work... Big businesses have used this tactic to keep cash in the bank – but how long do our corporates take to pay? This is what Rebecca Stevenson had to say in a recent article from the spinoff website. Source: https://thespinoff.co.nz/business/17-02-2018/pay-your-bills-the-spinoff-survey-of-corporate-payment-times/ According to…
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