Cash flow stories
A 2degrees report reveals big business is thriving as SMBs struggle to keep up, while increasing costs are the leading issue for all businesses.
Queensland developers are being asked to inject millions as Condev races to complete projects and avert collapse.
Small firms can avoid a holiday cash squeeze by chasing invoices early, boosting stock and hiring staff before demand peaks.
Small businesses facing COVID-19 revenue shocks are being urged to seek wage subsidies, tax relief and rent negotiations to stay afloat.
Small firms are turning lockdown downtime into new services, digital events and broader product ranges to aid recovery.
Construction firms in Auckland face a 57% drop in jobs created as lockdowns, border closures and supply shocks squeeze margins.
Busy tradies in New Zealand risk cash-flow headaches unless they tighten invoicing, GST and PAYE routines now, says Fergus founder Dan Pollard.
Revenue losses from alert-level changes could unlock wage subsidies, cashflow grants and loans for firms and sole traders across New Zealand.
Short-term pain from Covid-19 and delayed projects is being offset by record infrastructure spending, with many contractors still hiring.
With only a fifth of NZD$2.6 billion in promised projects released, contractors warn delays are already forcing layoffs and weakening confidence.
Small firms face months of cashflow pain as the wages subsidy runs thin and landlords and utilities keep billing during lockdown.
Cashflow support and clearer contract rules could help keep builders employed and speed New Zealand's economic recovery after the lockdown.
Stripe has announced the expansion of its revenue and finance automation suite to give businesses power over the entire lifecycle of their cash flow.
The innovations span the full spectrum of operational processes, including finance, warehousing and distribution, commerce, and HR.
Giordano Albertazzi is announced as CEO at Vertiv, aiming to strengthen customer focus and increase performance in data centers and networks.
Corpay addresses border payments and currency risk management. Offering hedging, payment technology, cash flow solutions and exotic currency capabilities.
Tyson Hackwood joins Cloudfloat as Chief Customer Officer. The Australian fintech start-up provides cash flow solutions to SMEs.
Brisbane-based cloud hosting & web development firm, ATech, appoints CFO Michael Burridge to manage fiscal operations, identify cost savings & efficiencies.
Bob McKinnon, a veteran of the financial services industry, has become the new chairman of Cloudfloat, a platform providing cash flow for small businesses.
Understanding cash flow in real time will be crucial - but just 4% are completely confident in the visibility they currently have.