In any business cash is your lifeline, and part of maintaining a positive cash flow is by ensuring that you get paid what you are owed, on time, and in full. We know this is often easier said than done, so we’ve provided this useful infographic that highlights some staggering statistics to show you how much time and money you’re likely spending chasing debtors:

 

Cashflow-Infographic

 

If you’d like some assistance with managing your cashflow, talk to the team at Business Wise today.
You can also see full article here: http://myob.com.au/blog/infographic-the-cash-flow-crisis-today/#ixzz3Tr7TKxiI

Tony Muller
Chief Technology Officer
Tony has business management and information technology experience gained in the public and private sectors. He has worked with the Queensland Government Chief Procurement Office on IT tenders, and is also an Australian Institute of Management graduate.

Tony is passionate about how technology can facilitate business operations, and is always looking for innovative solutions to business requirements.