Atradius Credit Advice

The Atradius Credit-to-Cash Briefings offer free business advice designed to support you as you manage the day-to-day operation of your business. They include useful checklists.

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Personal Property Securities Register (PPSR)

The Personal Property Securities Register (PPSR) is the register where details of security interests in personal property can be registered and searched. The Australian Financial Security Authority (AFSA) is the Australian Government agency responsible for administering the PPSR.

On 30th January 2012 the Personal Properties Securities Act (PPSA) was introduced and it will and has changed the way you protect your interests and recover monies under your Retention of Title (ROT) or “Romalpa” clauses in your terms and conditions of trade.

Click here to find out more about the PPSA and download the PPSA information sheet.

Credit management fundamentals

To guarantee efficient credit management, you’ll need to look at every area of your business operation. Credit management fundamentals provides a best practice checklist, offering advice from general credit guidelines to staff training and benchmarking.

Comprehensive risk assessment of your receivables

For a strong balance sheet, you’ll need to do more than check the credit rating of your customers. It’s also a good idea to conduct a thorough analysis of your receivables structure, both past and present, to help identify potential exposure to risk.

Ten steps to prompt payment

The secret of timely collections lays in the systematic and consistent credit management practices that should underpin your relationship with every customer.

Efficient collection calls

Picking up the phone to remind a customer about an unpaid account allows you to maintain, or even build, a more personal relationship. But before you make the call check on our tips to make sure the call is the best it can be.

Dealing with late payment excuses

Unfortunately some businesses make up excuses to explain away delays in settling invoices. Here are some examples of the more common excuses and tips on how to best deal with them.

Early detection of default risks

Businesses almost never go into insolvency overnight. You can take steps to protect your business from the failure of others by looking out for warning signs. Use this checklist to help you monitor key indicators.

Disclaimer

The statements made herein are provided solely for general informational purposes and should not be relied upon for any purpose. Please refer to the actual policy or the relevant product or services agreement for the governing terms. Nothing herein should be construed to create any right, obligation, advice or responsibility on the part of Atradius, including any obligation to conduct due diligence of buyers or on your behalf. If Atradius does conduct due diligence on any buyer it is for its own underwriting purposes and not for the benefit of the insured or any other person. Additionally, in no event shall Atradius and its related, affiliated and subsidiary companies be liable for any direct, indirect, special, incidental, or consequential damages arising out of the use of the statements made information herein.