Payment terms to small business have become a contentious point and grabbed the attention of Parliament to intervene. Helping small businesses get paid on time has been a key focus for Parliament and in October 2020 a bill was passed to help bring this to the forefront. Here is what you need to know.
Effective supply chain management is a growing challenge for many businesses. Increased costs, supplier concentration, volatility, multiple currencies and payment terms are impacting the ability to optimise supply chain performance.
Supply Chain Finance: What’s It All About? Picture this. You run a business. It’s successful. You’re a supplier (subcontractor, etc.) to a large company (major retailer, major contractor, think big and corporate). You get an invitation to join their supply...
Introducing Icon’s new early payments program manager Having managed both our direct investor base and the Timelio Capital Fund for almost two years, it’s safe to say Adam Pinkus is invested in Timelio’s business. Adam started his career at PwC,...
Its time for construction to consider supply chain finance Australian construction, both public and private, has seen strong growth. However, the availability of credit, particularly to smaller sub-contractors, has contracted and remains expensive. Working capital is the lifeblood of anyone running...
5 Steps to Setting Up a Supply Chain Finance Program for Your Company 90 billion dollars. That’s how much cash businesses from Australia and New Zealand currently have trapped on balance sheets, according to a recent survey by PWC. That’s a staggering...
