Displaying items by tag: Cashflow

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The Commonwealth Bank is set to roll out a new digital lending solution which is designed to give businesses access to funds using their outstanding invoices as loan security.

GUEST OPINION: With most developed telco markets nearing full penetration, incumbents can no longer depend on organic market growth to improve cashflows. At the same time, with increasing competition continually pressing prices and margins downward, telcos are also grappling with ways to retain profitable customers.

GUEST OPINION: With most developed telco markets nearing full penetration, incumbents can no longer depend on organic market growth to improve cashflows. At the same time, with increasing competition continually pressing prices and margins downward, telcos are also grappling with ways to retain profitable customers.

Intuit Quickbooks integrates with PayPal commerce platform

Accounting software giant Intuit Australia has integrated the PayPal commerce platform into its QuickBooks platform to provide what it says is a new, fast way for small businesses to get paid at competitive rates.

Many of Australia’s small businesses appear to be doing it tough, with a newly published report finding that just 50.7% of SMBs had positive cash flow as of June this year, with many operating in the red due to late payments.

Australian small businesses are owed an estimated $26 billion in unpaid debts by big businesses, according to a new report which says the levels of debt threaten the solvency of SMBs and their ability to pay staff, suppliers and themselves.

Late customer payments are weighing heavily on many of Australia’s small business operators with the effects of the problem impacting their personal finances and the ability to cover expenses such as rent and power.

Accounting software provider Xero has teamed up with PayPal to build a better integration between their two platforms designed to help alleviate cashflow problems faced by small businesses.

Cloud accounting provider Xero has launched two new solutions – billable expenses and invoice reminders – which it says help small business owners improve cashflow and get paid faster.

Cloud accounting software provider Xero says it is releasing new solutions over coming weeks which will help small business owners improve cash flow and get paid faster.