Blog

Your franchise network likely has strong systems and processes to ensure that your franchisees have everything they need to succeed. But if you’ve had these systems in place for a number of years, particularly if they are manual or disjointed, it could be hampering growth across the network.

Accounts Payable (AP) and Accounts Receivable (AR) functions are distinct but interconnected components of the financial process.

Optimising and digitising payment processes and improving customer experiences are vital for businesses wanting to stay ahead of the curve. One significant development in this area is the concept of embedded finance, which involves integrating financial services, such as payment processing and lending functionalities, directly into a business’s existing software application or website.

Efficient management of accounts receivable is crucial for businesses of all sizes. It serves as the lifeblood of healthy cash flow, enabling businesses to better allocate resources, invest in strategic initiatives, and grow faster.

Business efficiency is a critical aspect of achieving success in today’s competitive landscape. Investing in technologies that promote business efficiency allows companies to operate smarter, make more informed decisions, and better adapt to changing market demands. As a next generation integrated payment and lending platform, Spenda delivers bespoke supply chain solutions to any business who […]

Automation remains a hot topic in business, particularly as AI-driven tools gain greater efficiency and the ability to reduce some of the heavy lifting in everyday tasks. For companies looking to optimise the way they operate and realise cost savings, automating key systems and processes can transform a business and its supply chain.

Understanding how to get your customers to pay faster can help you boost and gain greater control over your cash flow.

Many companies benefited from a decade of low-interest rates and the fiscal policy measures put in place to minimise the impacts of COVID-19. However, these measures eventually had to taper.

As another year comes to an end, we want to reflect on the past 12 months to highlight some of the great achievements our team has delivered. From a rebrand to the launch of a suite of game changing software solutions, we’re taking you with us on a trip down memory lane.

With over 20 years’ experience in Software and Systems Design, Dave has been the visionary behind Spenda’s suite of products since 2008.

Having the ability to get paid quickly is key for any business, and yet late invoice payments continue to be a burden for many Australian businesses, costing around $1.1 billion per year.

Invoicing is a core component of your business that can either lead to stable cash flow or late payments.