Auckland, 2nd April 2024 – 1Centre, a leading digital platform revolutionising trade credit management, today announced a significant milestone in its journey, having surpassed the 100,000 mark in business customers. This achievement underscores 1Centre’s commitment to providing innovative, user-friendly and efficient credit management solutions to businesses across Australia and New Zealand. Since its inception, 1Centre… Continue reading 1Centre Surpasses 100,000 Business Customers Milestone, Cementing Its Position in Digital Trade-Credit Management
Category: Trade Credit
Why Australia’s Construction Industry Needs Trade Credit Automation
The Australian construction sector is navigating a challenging landscape characterised by supply chain disruptions, escalating costs, and the pressure of fixed-cost contracts. Construction, vital for contributing to infrastructure, commercial, and residential development, encounters amplified risks in managing cash flow and credit amidst these macro challenges. The pandemic era’s government and central bank support maintained low… Continue reading Why Australia’s Construction Industry Needs Trade Credit Automation
CFO’s: What’s the difference between trade-credit and extended payment terms?
You know, there’s a common myth floating around that trade credit is just about pushing back payment dates. But really, it’s so much more than that. Think of it like building a bridge between suppliers and their customers, where everyone gets to cross with ease. It’s not just about delaying payments. It’s about creating a… Continue reading CFO’s: What’s the difference between trade-credit and extended payment terms?
Beyond Insurance: The Case for Trade Credit Assurance
Trade credit is a pivotal component of business relationships, allowing borrowers to manage cash flow and customer lenders to strengthen partnerships. However, a quick search on trade credit often leads us to a plethora of information about trade credit insurance. This is a product designed to protect sellers from the risk of non-payment by their… Continue reading Beyond Insurance: The Case for Trade Credit Assurance
Credit Assessment Has Been Same…
Same For decades – It’s Time For Connectivity! The financial world has for decades relied on the traditional 5 C’s of Credit to evaluate the creditworthiness of potential borrowers. This framework has indeed served its purpose, forming the basis for countless loan approvals and denials, shaping the financial futures of individuals and businesses alike. As… Continue reading Credit Assessment Has Been Same…
Improving the Economy is a Team Sport: Why Supporting Small Businesses is a Prosocial Movement
The success of any team or organisation depends on its culture and collective beliefs. The same is true for the economy. To create a thriving, prosperous economy, we need to work together and support one another, particularly small businesses. Supporting small businesses is not just good for the individual business owner or their customers; it’s… Continue reading Improving the Economy is a Team Sport: Why Supporting Small Businesses is a Prosocial Movement