Q&A with Spenda’s Chief Credit and Risk Officer, Corrie Hassan
Following on from Spenda’s recent announcement about securing a $50 million debt warehouse facility to bolster the company’s B2B lending capabilities, the team decided to share more about Spenda’s Credit and Risk Officer, Corrie Hassan.
Today, Spenda, a B2B payment and lending solutions provider, has announced a full company rebrand that represents and aligns the continued evolution and growth of the business.
Smart practices to help you optimise your credit control and strengthen cash flow
When you’re running a large operation with hundreds of invoices processed each month, the resources required to manage your payments grow quickly, especially when ageing receivables become a problem.
Digital payments have helped businesses get paid safely and efficiently through the COVID-19 lockdowns and associated restrictions, but new challenges are arising as economies reopen.
Why you should offer extended payment terms to your business customers
Payment flexibility has been commonplace in B2C transactions for many years, and now, emerging payment technology is making this possible for B2B trade.
Boost efficiency and cash flow across your franchise group with these innovative solutions
From head office, you will be working with franchisees across varying stages of maturity. Some owners may have a long history of owning and operating a business, while others may be starting out with their first venture.
Cirralto’s Spenda relies on cloud to help smooth business cashflow
“The cheque’s in the mail” no longer cuts it as an excuse – but late payments still plague Australian businesses. By some estimates as much as $77 billion worth of payments only arrive after a long wait.
BNPL: It’s been a hit for consumers and now businesses get their turn
Buy now pay later (BNPL) services have quickly become commonplace for consumers. Company reports for ASX-listed BNPL providers outline that the value of BNPL transactions grew by 55 per cent in 2019-20.
Fancy spending less time chasing late invoice payments? Here’s how:
Overdue invoices can be crippling to a business’s cash flow. Not only is it difficult to continue operating when payments are outstanding, but chasing up debtors takes time and often involves several manual and disjointed processes.
The future of business finance: How to fund your business growth with on-demand lending solutions
Strong cash flow is critical for any business. Without it, businesses will have difficulty meeting their regular expenses, let alone have the capital to make larger investments in growth.
Suppliers: How to get your retail business customers to pay you quicker
Options such as buy now, pay later (BNPL) services were first introduced to business to consumer (B2C) transactions, giving customers the ability to access products & services they need today while paying at a later date or over a series of instalments.
How to get paid on time and grow your wholesale business faster
As a supplier, wholesaler or distributor in the Fast Moving Consumer Goods (FMCG) sector, your business likely deals with a high volume of B2B payments.
The benefits of an integrated payment solution for franchise businesses
Franchise businesses deal with many suppliers and customers each day. Whether the day involves ordering stock, moving inventory or sending invoices, there are a range of challenges and inefficiencies that can arise along the way.
Why getting paid on time is critical for your business
Late payments aren’t new to Australian businesses. For many businesses, having almost $40,000 in outstanding invoices is the reality of operating, but it doesn’t have to be the case.
The Finnie Awards is going virtual again! We are excited to bring everyone together for the evening on October 13, 2021 (5:45 pm – 7:00 pm AEST) to celebrate the many successes in the Australian fintech industry!
Spenda Member Spotlight – Innovations in Australia’s payment subsector
Traditionally, businesses choose multiple software solutions to run each aspect of their business. However, these systems often don’t communicate well with each other.
Future-proof your business with digital tools & integrated payments
With measures such as the Federal Government’s JobKeeper Payment Scheme ending on 28 March 2021, a slight cooling in the country’s economy wouldn’t have been a surprise.
Late payments are an ongoing problem for Australian businesses. If you’re a business owner, you’ve probably seen the statistics and felt the effects of these in your own business.
Top 5 Fintechs in Australia’s Booming Paytech Scene
Australia’s fintech sector is growing rapidly and becoming a driving force for innovation in the region. At last count, there are over 700 fintech companies in the country.
