Articles

Keeping A Close Eye On Cash Flow Will Bring Rewards

Money is one of those subjects that people often prefer to sidestep. But the reality is that cashflow is the mainstay of any business and can be the difference between a rocky road and smooth sailing in the year ahead. In the November MYOB Business Monitor, 62 per cent of Kiwi business owners expected cashflow to be a pressure point in the next 12 months. So what can you do to manage your cashflow more effectively? Here are five tips to get you started... Read More

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Changes to Credit Reporting Code

Proposed Change to Credit Reporting Code Veda Advantage applauds the announcement of a further change to the Credit Reporting Privacy Code 2004 which will provide a radical step-up in the ability of credit providers to assess risk and predict the behaviour of people seeking credit... Read More

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Slow Payers Growing Drain on Cash Flow

Cash flow is expected to remain a major challenge for New Zealand businesses in the year ahead, according to research that shows the number of firms with outstanding debt increased during the final three months of 2010. Credit reporting agency Dun & Bradstreet canvassed its database to reveal the number of Kiwi firms failing to pay their trade credit accounts during the December quarter was 4 per cent higher than in the same period of the previous year... Read More

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Is your Credit Management up to scratch?

Is your Credit Management up to scratch? How to reduce bad debts and increase cash flow. Easy solutions to improving late payers. Good credit management is about managing oneâ??s debtors to maximise cash flow at the same time retaining your clients. A very important aspect to successful credit management... Read More

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