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Late payments are one of the most difficult things to deal with as a business owner. Not only is it an administrative burden to chase overdue invoices, but the resulting cash flow challenges can impact your business’s stability.

As technology develops, businesses have ever-growing opportunities to realise new efficiencies, improve their systems and processes, and grow.

Cirralto has signed a binding agreement with Australian Agri Finance (AAF) and its parent company In Front Australian Business Solutions Pty Ltd (In Front) to deliver farm enhancement lending and input financing.

With COVID-19 continuing to impact our personal and professional lives, for businesses, 2021 was another opportunistic year which meant that in order to stay ahead of the curve, businesses needed to remain agile and adapt quickly to changing consumer behaviours and payment trends.

A point of sale system, more commonly referred to as POS, is a system that allows businesses to perform transactions such as a sale, return or exchange of goods and services.

Your business likely deals with a high volume of B2B payments, and if you’re providing goods predominantly on trade credit.

Chasing up late payments is something business owners and their finance and accounting teams spend a lot of time doing.

The payment processing industry has progressed rapidly in recent years, particularly for business to consumer (B2C) transactions. Platforms that offer integrated payment technologies for businesses to business (B2B) transactions are also becoming more widely adopted, allowing businesses to accept online payments and transform the way in which they trade.

As businesses have started using technology more, online payment fraud has become a common problem. Email payment fraud is one of the most common and costly online scams.

Today, Science, Technology, Mathematics and Engineering (STEM) careers are still very underrepresented by women. While there have been massive steps taken to promote STEM as a career to young women, there is still a lot of work that needs to be done to encourage young women to even consider these disciplines when planning their futures.

Two words that sum up 2020 are uncertain and unpredictable, and while it’s been a tough year for business in general, we’ve decided to take a quick trip down memory lane and look back at the positives, the happy moments, and what we achieved for our customers.

Despite innovation in the payment methods offered to consumers, the way businesses pay each other has changed very little over the last 40 years.