Ezycollect

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B2B payments guide

Ezycollect28 Jul, 2023Business

Learn about B2B payment options and methods. Plus, learn tips on what features to check when looking for a B2B payments provider. How to choose the right B2B payment type and methods for your business, reduce late payments and improve your customer’s payment experience

AR Automation ROI Calculator

Ezycollect24 May, 2023Finance

Maximize your business profits with AR Automation ROI Calculator. Our tool helps you calculate the return on investment for automating your accounts receivable process, making it easier and more efficient for you to get paid faster. Try it out now and see the difference it can make to your bottom line.

What is Net 30 and what are Net 30 payment terms?

Ezycollect21 Apr, 2023Finance

Net 30 is a term in which the buyer has 30 days to pay the full amount owed to the supplier. Also, learn what 2/10 Net 30 & net 30 payment terms mean. In this article, we’ll delve deeper into the net 30 payment term, examining its benefits and drawbacks and offering tips on ensuring prompt payments when providing net 30 payment terms to your customers.

Digital payment platform For MYOB

Ezycollect28 Mar, 2023Business

Give your business better control of overdue invoices in MYOB and optimize your receivables process with ezyCollect. start with a free 30-day trial. No credit card required. ezyCollect automates accounts receivables, debtor management and credit risk tools to speed up the cash conversion cycle & debtor management

How To Measure And Optimise Your Cashflow Performance

Ezycollect20 Jan, 2023Business

Maintaining a strong cash flow is essential for the overall health of a business. While cash flow can fluctuate greatly during periods of expansion or short-term projects, some techniques can be used to identify and manage short-term cash flow issues and plan for long-term growth. Let’s learn about each analysis tool from key takeaways from the last of our 3-part Financial Wellness series in partnership with Westpac’s Davidson Institute

How to manage working capital and improve cashflow in your business

Ezycollect13 Dec, 2022Business

“Cash is the lifeblood of any business.” We’ve heard it so many times and it’s true – your business cannot operate without cash. Understanding how cash flows in and out of your business is crucial in running and growing your business. Here are the key takeaways from the session.

5 Tips to Avoid Bad Debts for Your Business

Ezycollect11 Nov, 2022Business

While a few bad debts aren’t too much cause for concern, they can heavily disrupt a business’s cashflow over time. As a result, the business’s profitability will be adversely affected or they might fail to invest according to their investment plans. For some businesses, bad debts may even result in insolvency.

5 Tips To Prepare Your Cashflow For A Recession

Ezycollect18 Oct, 2022Business

Talks of recession abound worldwide, and more signs show that an impending economic downturn can be upon us. A comprehensive study by The World Bank warns of a risk of global recession amid simultaneous rate hikes. And at home, ANZ – Roy Morgan Consumer Confidence drops – with just about 12% of those surveyed expecting ‘good times’ for the economy over the next five years.

Three steps to end late B2B payments

Ezycollect15 Sep, 2022Business

What do Big Tech companies such as Google, Amazon and Microsoft have in common? Aside from their impeccable brand power and excellent products, they have minimal issues with late payments. Some are so successful that people are paying them well before even building the product (e.g. Tesla and their $100 upfront for the CyberTruck).

How to Choose Accounts Receivable Automation Software

Ezycollect01 Sep, 2022Business

AR automation provides efficiency and flexibility in your processes. Read this guide for choosing the best AR automation software for your business We will also provide a step-by-step guide for narrowing down the best AR automation software for your business.