Managing Director of Open Analytics, James O'Donnell, joins CreditorWatch's Head of Content, Michael Pollack, to unpack the latest data on business credit risk.  The numbers show a deterioration in business conditions and home owners coming under increased mortgage stress. Subscribe to the CreditorWatch Business Risk Index for free and receive the results in your inbox every month ..read more

Join CreditorWatch's Dominic D'Andrea, Key Account Consultant and Paul Mead, PPSR Specialist, as they take you through the ins and outs of portfolio health checks, how to identify risky customers and how to protect your business. Customer details change. They move address, their business name changes, their credit rating drops or increases, and sometimes even close shop. Changes to a customer’s details may change their level of risk, so you need to act accordingly to minimise your exposure. How are you keeping up to date with all the changes across your customer base? See how you can quickly k ..read more

Sign up for free monthly CreditorWatch data insights here. CreditorWatch Chief Economist, Anneke Thompson, and Director of Open Analytics, James O'Donnell, discuss the latest CreditorWatch data insights on Australian businesses and the outlook for the remainder of 2023. Hosted by Michael Pollack, Head of Content at CreditorWatch. Data released over May 2023 continues to point to slowing in retail spending by Australian consumers as well as continued pessimism on future spending intentions. Business confidence has also registered a below average result with business conditions deteriorating, al ..read more

How would you like a free resource that tells you how risky your customers are compared to the industry average? Well here it is. In this episode we hear from James O'Donnell, Founder of Open Analytics and creator of the CreditorWatch Portfolio Risk Benchmarking Report. This free report from CreditorWatch allows you to compare the riskiness of your customer base against four key measures: Credit Ratings (CreditorWatch RiskScore) – creditworthiness of entities in your portfolio. Geographic Risk – risk related to the location of your customers. Business Maturity – how long your customers have b ..read more

CreditorWatch Chief Economist Anneke Thompson takes us through the November 2022 results for the Business Risk Index. The highlights for November include: B2B trade receivables are down 16% quarter-on-quarter. Credit enquiries are up 87% YoY and are up 61% since last month. External administrations increased 26% since last month and are up 24% year-on-year. Month on month B2B payment defaults continue to show a high degree of volatility decreasing by 25% from last month, whilst following a generally increasing trend. Court actions are down 6% year on year. Yarra Ranges in Victoria is the regi ..read more

CreditorWatch was recently certified as a Great Place to Work and also made the AFR BOSS Best Places to Work list for 2022. So how did we get there and, more importantly, how to we stay there? CreditorWatch CEO Patrick Coghlan and General Manager of People and Culture, Fiona Crawford, share their insights into what makes a great place to work and the importance of authentic and transparent leadership, employee empowerment, inclusion and non-work related personal growth initiatives ..read more

Like the rest of the Australian economy, the construction industry was getting back on its feet after the worst of the pandemic. But the sector has now been hit by a perfect storm of supply chain disruptions, cost blowouts and staff shortages as inflation and interest rates rise. Many of these forces, particularly cost increases, are beyond the control of construction companies. But construction also has major industry-specific challenges. Construction has the worst late payment record of any industry. About 12 per cent of construction businesses are more than 60 days in arrears on their payme ..read more

Economy at turning point as positive trends continue; Grim outlook for flood-affected regions In our latest episode, we present the January Business Risk Index results and analysis. CreditorWatch CEO Patrick Coghlan and Chief Economist Anneke Thompson discuss the key insights. Key Business Risk Index insights for April: Trade receivables and credit enquiries continue to trend upwards, indicating the broader economy many have reached an inflection point. Average trade receivables for April were at their highest level since July last year. Credit enquiries decreased from March to April but are ..read more

Our latest episode of Business Insights is the third in a three-part series on how SMEs can best prepare themselves for uncertainty using the 3 Ps of preparation: processes, policies and procedures, and protection. Our guest for the series is an expert in helping businesses with best-practice preparation: Natalie Ledlin, Solicitor Director at Ledlin Lawyers.  In our third episode on protections, Natalie takes us through how to protect your business if something goes wrong with your customer, and how to take security over the assets that your customer has or that the directors might have ..read more

Our latest episode of Business Insights is the second in a three-part series on how SMEs can best prepare themselves for uncertainty using the 3 Ps of preparation: processes, policies and procedures, and protection. Our guest for the series is an expert in helping businesses with best-practice preparation: Natalie Ledlin, Solicitor Director at Ledlin Lawyers.  In our second episode on policies and procedures, Natalie takes us through setting up payment terms, credit policies and limits, and collection procedures, as well as prioritising payments and ensuring privacy of data. Contact infor ..read more