Leveraging omnichannel can dramatically improve debt collection, customer service
Martie de Beer, Executive: Contact Centre, Telviva. South Africa narrowly escaped a technical recession, according to the latest figures released by Stats SA in early March. Recession or no recession, growth is just not high enough to improve economic conditions, and, coupled with record interest rates and increasing prices at the fuel pump and grocery […]
Debt collector Intrum picks Johan Akerblom as new CFO – XM
“,”contentShort”:”UPDATE 1-Israeli military halts leave for all combat units – statement Adds reservists, GPS, in paragraph 3 details on strike in Damascus on Monday JERUSALEM, April 4 (Reuters) – Israel’s military halted leave for all combat units on Thursday, it said in a statement, amid concerns of a possible escalation in violence after the killing […]
Here’s Why Kuehne + Nagel International (VTX:KNIN) Can Manage Its Debt Responsibly
Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously said that ‘Volatility is far from synonymous with risk.’ So it seems the smart money knows that debt – which is usually involved in bankruptcies – is a very important factor, when you assess […]
Small businesses facing $33 billion black hole as ATO chases up debts
Small businesses have been handed a warning by the new Australian Tax Office (ATO) commissioner over billions of dollars in mounting debts. Rob Heferen, who’s been in the ATO’s top role for little over a month, today said small businesses were responsible for about two-thirds of the $50 billion in unpaid tax and superannuation owed […]
Here’s Why James Hardie Industries (ASX:JHX) Can Manage Its Debt Responsibly
Legendary fund manager Li Lu (who Charlie Munger backed) once said, ‘The biggest investment risk is not the volatility of prices, but whether you will suffer a permanent loss of capital.’ So it seems the smart money knows that debt – which is usually involved in bankruptcies – is a very important factor, when you […]
Tax Office ramps up pressure over $50 billion in unpaid debts
“This means a significant portion of the amount going unpaid is GST collected from consumers or PAYG withholding, withheld from employees’ pay,” Mr Heferen said. “We are seeing an increasing number of businesses fall behind on these types of payments, from which point it is very difficult for businesses to get back on top of […]
Magnis delays debt repayments as peace deal expires
The battery and graphite company has delayed repayments on a $4.6m loan for the second time, as it faces a restart of court battles with its key tech partner C4V over control of their gigafactory. In a market update on Wednesday, Magnis revealed it had again extended the payback date of a $4.6m lifeline with […]
Sunshine Coast marketing business latest to fold with $400k+ ATO debt
A Sunshine Coast marketing business has become the latest business to fold with hundreds-of-thousands owed to the ATO. The company, Execute Digital Pty Ltd, was based in Maroochydore and offered services for digital strategies and marketing advice for businesses. According to the company’s social media accounts, Execute Digital could help business-owners, “generate a relentless surge […]
ATO debt collection stresses small business
Rachel Mealey: The tax office is chasing more than $34 billion worth of debts owed by small businesses and self-employed Australians that were put on hold during COVID. But there’s concern that the ATO is using aggressive enforcement action to collect the money, which experts say is sending some businesses to the wall. ABC Business […]
New vFunction Advancements Streamline Technical Debt Management with Intelligent Prioritization
vFunction Logo OpenRewrite Integration Accelerates Application Modernization Initiatives for Enterprises vFunction intelligent prioritization With vFunction intelligent prioritization, software architects and engineers can align tech debt remediation with overarching project goals and business priorities. MENLO PARK, Calif., April 03, 2024 (GLOBE NEWSWIRE) — vFunction, the pioneer of AI-driven architectural observability (AO), today announced new features that […]