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Late Payments Cost NZ Small Businesses $827m
Late payments are becoming an increasing burden for small businesses, with new data from accounting platform Xero revealing just how costly this issue has become. Xero’s report shows an alarming 81 percent rise in [...]
Breaking the Accounts Receivables Cycle for SMEs in NZ
For small and medium-sized businesses (SMEs) in New Zealand, the notion of 'accounts receivables' has long been ingrained as an inevitable aspect of running a business. But what if it didn't have to be [...]
The Perils of Payment Errors: Why Entering Incorrect Payment Details Matters
Paying supplier invoices seems straightforward enough, right? You receive an invoice, enter some numbers, and click "pay". Yet, beneath this seemingly simple process lies a minefield of potential payment errors that could lead to [...]