Finance based on your future not your past

Posted by Duografik
On May 15, 2020

Many businesses are applying for finance from banks and other similar institutions using the traditional methods. This means the bank will ask for records covering your last two years. You must ensure all your documentation is up to date, that your tax has been lodged and that you know what tax debt you owe and […]

Identify Customers with Poor Cashflow

Posted by Duografik
On March 13, 2020

As business owners we all love to make a new sale. When you put so much effort into marketing and building your business, the last thing you want to do is turn Customers away. However, if you start to observe your Customers displaying behaviours like those below, or increasing regularity of these behaviours, then there […]

Coronavirus: Deadly for business

Posted by Duografik
On March 3, 2020

At a death rate of just under 1.5% outside China it is not much more deadly than the flu, though the impact of China’s business shut down is enormous. Last week the case fatality rate of COVID-19 (coronavirus) appeared to be just over 3.4% in China and just under 1.5% outside China (WHO 2020). That’s […]

Hacker waits undetected before attempting to steal client funds

Posted by Duografik
On February 19, 2020

“I am not in the office today, my boss has advised that I requested money today and I haven’t. I want to get this cleared up as soon as possible.” This phone message was left by an alarmed Staff Member of one Client on a Friday afternoon at 4:21pm. As they use the AddCash line […]

Funds disappear after offshore email hack

Posted by Duografik
On February 10, 2020

It was a normal Wednesday afternoon, one of our Managers had just finished funding for the day and turned their attention to an unusual email. The email had been received a few days earlier and included an attachment containing a remittance for which the payment had not been received. The amount was for a little […]

The New Year Cashflow Crisis

Posted by Duografik
On January 14, 2020

A warehouse without stock, a bank account without cash, a big December quarter BAS and January PAYG – all due at the same time. Your sales leading to the end of the year were good. You cleared a lot of stock. You need to order more stock now but paying for this and the taxes […]

Managing cashflow through the peaks and troughs of the holiday season

Posted by Duografik
On November 13, 2019

Christmas is only weeks away and the retailers are in full swing trying to stimulate spending earlier. Our increasingly busy lives mean many of us continue to leave our shopping to the last minute and take advantage of extended trading hours which is custom for the season. For countless businesses this is a peak trading […]

What is a Fintech and what should you be wary of when looking for business finance?

Posted by Duografik
On May 8, 2019

Have you noticed the term Fintech has slid itself into everyday use, but you still aren’t quite sure what it means? According to a report by EY, Fintech adoption has now hit 37% of the digitally active population in Australia, which pails in comparison to China, where adoption is now 69%. So with adoption rates […]

How to Manage your Debtors

Posted by Duografik
On March 21, 2019

Cashflow is crucial to the growth and survival of your business so it’s important to make sure you have the cash in your hands when you need it. For most small to medium sized businesses it’s all about managing the basics and making sure the money is coming in as soon as possible after the […]

Avoid the Top 5 Cashflow Mistakes

Posted by Duografik
On March 20, 2019

Managing a small business is hard enough with everyday challenges of employees, customers, suppliers and government. It’s essential for businesses to be on top of their cashflow for when things go bump in the night. This way they are in the strongest position possible when something doesn’t go as planned and avoid ending up in […]

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