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|Topic (short descript)||Question / Topic||Replies||Reads||Last Post||More|
|A win for suppliers on PPSR||
As I understand it there was a recent Federal Court win for a commercial credit supplier with a PPSA registration responding to a preference action by…
||8||181||6 hours ago||Sign up or login to view|
For the purpose of PPSR, if the name of a business is A Smith atf A & B Smith Family Trust and M Smith t/as Jimbob Partnership, do I register A Smith …
||4||114||6 days ago||Sign up or login to view|
As a building supplier selling whitegoods on credit, should we be ticking YES to INVENTORY under COLLATERAL DETAILS when creating a PPSR registration.…
||7||123||6 days ago||Sign up or login to view|
|Sap payment reversal||
I have just started using sap anIam finding reversing a payment is quite difficult. Does anyone know how to reverse a payment from a debtor accoun…
||1||115||13 days ago||Sign up or login to view|
|EXTERNAL DISPUTE RESOLUTION||
A couple of years ago, we had a presentation by COSL advising that all commercial credit providers needed to belong to an EDR by June 2015.
||6||164||14 days ago||Sign up or login to view|
|LICENCE REQUIREMENTS VICTORIA||
Can some one clarify what license rerquirements are needed in Victoria to be a process server, field agent, or do skip tracing?
I could not fin…
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Where do these people come from? I received a call from a former customer that I registered a default on about 14 months ago. The debt was ev…
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|Credit Training in September 2016||
Just want to ask if you have Credit Trainings or Events for September 2016?
||0||16||24 days ago||Sign up or login to view|
What is an S88 Notice
||5||202||29 days ago||Sign up or login to view|
|contemporary debt recovery processes and procedures.||
Any ideas on what contemporary debt recovery processes and procedures are
||2||234||35 days ago||Sign up or login to view|
|PPSR Registrations - does it really have any pull when your customer falls into Administration/Liquidation?||
I am starting to see that having a PPSR registration does not make it easier when a customer falls under Liquidation/Administration. Am I right i…
||8||410||36 days ago||Sign up or login to view|
|Debt Recovery- Contracting||
I was wondering if anyone was looking for a Debt Recovery Contractor. I have extensive experience in the legal and accounting field. Please c…
||0||68||41 days ago||Sign up or login to view|
I’ve heard that if you complete a Proof of Debt form you risk losing the security you registered on the PPSR. Is that correct?
||6||199||42 days ago||Sign up or login to view|
|length of time legally you are required to accept invoices||
Can anyone provide feedback on the length of time you are legally required to accept invoices from service providers.
We outsource services from a nu…
||6||213||42 days ago||Sign up or login to view|
I am hoping to seek feedback on this scenario where a Company has a trade agreement, orders product and goods are delivered to members which are indiv…
||3||106||55 days ago||Sign up or login to view|
|Skip Tracing Tools||
What Skip Tracing Programs is everyone currently using. The ones I am using are average at best
||5||345||70 days ago||Sign up or login to view|
|Faxed Credit Aplications||
Is anyone accepting faxed credit applications to approve an account.
Am concerned about forged signatures in the event of default by appro…
||7||157||72 days ago||Sign up or login to view|
|On Line Trade Credit Application||
Online Trade Credit Applications; I would welcome any constructive feedback, positive or negative on moving to an online application. What works and w…
||6||184||72 days ago||Sign up or login to view|
|ABN in a Trust||
We made a business decision not to accept contracts where the ABN is in the name of a trust. The reason behind this decision was due to difficulty in …
||5||256||73 days ago||Sign up or login to view|
Hello, does anyone has an answer to the following: we have a dodgy customer and a spplier. They both operate from the same accounts department but wit…
||2||109||75 days ago||Sign up or login to view|
|underwriting an account||
I posted a topic a few weeks ago about an international company wanting to open an account and that they were being underwritten by an Australian comp…
||1||171||91 days ago||Sign up or login to view|
|Credit reporting policy||
can anyone advise where I might be able to obtain a standard a Credit reporting policy ?
||2||171||91 days ago||Sign up or login to view|
|DIRECT DEBIT - 3rd PARTY PROVIDERS?||
Can anyone pls recommend a good 3rd party DD provider? Any solutions out there which enable customers to authorise DDs from their mobile devices etc?
||4||115||101 days ago||Sign up or login to view|
|Credit Applications - dated or not dated.||
This may be a really silly question but would a credit application NOT dated have any legal ramifications?
||7||217||101 days ago||Sign up or login to view|
|INTERNATIONAL CREDIT REPORTS||
Urgently need an international credit report. Have used Veda's on line system. They said 3 days and I'm still waiting!! Can anyone recommend a website…
||5||136||106 days ago||Sign up or login to view|
After receiving documentation an account had entered into administration we put the account on stop supply.
The customer thankfully did not have an o…
||5||177||113 days ago||Sign up or login to view|
we have been approached by a Global customer who have advised us they will be underwritten by a division of their business who has only just obtained …
||2||121||113 days ago||Sign up or login to view|
|insurance with Atradius||
Does anyone has experience of trade credit insurance with Atradius Credit Insurance NV? We are considering using them. Any pros or cons? Many thanks!
||8||158||115 days ago||Sign up or login to view|
|How long can someone hold off declaring bankruptcy?||
We have a debtor who has an agency acting on his behalf and have sent us correspondence stating he is insolvent. They first made contact with us in Se…
||9||230||117 days ago||Sign up or login to view|
|What does 2016 have in store?||
The AICM would like to hear from credit professionals about what they think 2016 will bring.
Two prominent challenges will be:
- Imbalance in Unfa…
||2||118||118 days ago||Sign up or login to view|
is there a pro forma for this
||0||68||118 days ago||Sign up or login to view|
|Protection of credit in Asia-pacific||
We are a small-medium Australian manufacturer who are looking to export to a potential client in the Asia-pacific region on credit terms, how is the b…
||12||242||132 days ago||Sign up or login to view|
|possible unrecoverable debt||
Any feedback on the following would be appreciated.
one sector of our business accommodates our wholesale clientele.
for this sector we take orders…
||3||152||134 days ago||Sign up or login to view|
|Phillipines collection of debt||
Does anyone use a collection agent in Philippine's that they could recommend or know the process for collecting a debt incurred in Australia for fees …
||4||117||139 days ago||Sign up or login to view|
can anyone direct me to any free training on the basics of SAP, either online or hardcopy.
||0||26||140 days ago||Sign up or login to view|
I have received an application from a customer who is also a Director for 12 other companies, 4 of which are with under external administration or ha…
||12||278||140 days ago||Sign up or login to view|
|Providing Credit to a business registered as a Trust||
I was hoping I could get some advise when dealing with customers requesting a credit facility whose businesses are registered as a Trust. it is part o…
||3||277||141 days ago||Sign up or login to view|
|S88 Form- Default||
Quick Question- I work in the transport industry and was wondering if we are required to send an S88 form before placing a default judgement on a debt…
||3||123||141 days ago||Sign up or login to view|
|Risk Management Presentation||
This may be very random and not relative but has anyone who has or does guest speaking or presentations asked the group they are presenting to, to sta…
||3||471||170 days ago||Sign up or login to view|
I have an ABN which reads ESTATE OF THE LATE.......... MARKEY & BENJAMIN ...(left out the names for privacy) It seems that a person from this fam…
||4||513||178 days ago||Sign up or login to view|
|Customer Credit Limits||
Who owns Credit Limits in your business? Sales or Credit?
Is this the right ownership? Why?
What frequency are Credit Limits reviewed?…
||5||206||178 days ago||Sign up or login to view|
We have an established customer who wants a second delivery point opened to an unregistered business using the same ABN as the existing acco…
||5||451||178 days ago||Sign up or login to view|
|GUEST SPEAKER AT CREDIT COURSE||
We are looking for a Credit Manager / Team Leader / Guest Speaker for an internal Debtors Course we are running on Mon 7th Dec in Sydney. We'…
||2||552||178 days ago||Sign up or login to view|
Hi, Can a Trust open an account in its own name or should the account be under the name of the Trustee As Trustee for the Trust.
||3||342||184 days ago||Sign up or login to view|
Hi everyone, I am about to enrol in Certificate IV in Credit Management, does this type of course only lead me to worth within the banking industry? …
||3||125||184 days ago||Sign up or login to view|
|Suppliers Requesting invoices manually uploaded to a website||
I am starting to notice, a sudden shift in suppliers insisting that invoices must be uploaded to their system via a web porthole, to insure payment is…
||4||199||190 days ago||Sign up or login to view|
|Privacy Act and Private Schools||
I have a client(private school) who wants us to monitor their 600 families on payment arrangement made direct with the school. The school is concerned…
||4||201||196 days ago||Sign up or login to view|
|Storing Credit Card Details||
Is it ok to have a customer who wants you to keep their credit card details and just use the card to pay their account each month?
||3||214||198 days ago||Sign up or login to view|
|Credit Officer Role - Southside Brisbane - ASX Listed Company||
If you are interested in the role please apply via job # 29682821 on seek or go tohttp://www.seek.com.au/job/29682821?pos=3&type=standard&engineConfi.…
||0||99||199 days ago||Sign up or login to view|
I’ve just had a customer ask me to discharge my PPSR registration and then re-register it a few days later so that they can get finance from their b…
||7||238||204 days ago||Sign up or login to view|
Hoping you can assist. we are currently interviewing for an accounts assistant role and would like to ask the applicants to complete …
||2||98||204 days ago||Sign up or login to view|
|Automated Allocation of remittance advice / payments||
Does anyone use software to allocate from RA - electronic or paper based, PDF or Spreadsheet etc. we are allocating every payment manually !!!!!!
||3||88||204 days ago||Sign up or login to view|
|Credit Bureau Meetings - Advertising Media Industry||
Does anyone know if there is a bureau for the advertising / media industry? If no, is anyone interested?
||4||116||205 days ago||Sign up or login to view|
|ATO lodging defaults||
Should the ATO record defaults when Commercial entities are not meeting Tax Obligations.
Michael Seddon, National Director Phoenix at ATO, would li…
||9||233||209 days ago||Sign up or login to view|
|Recover debt owing in China - can you recommend a Chinese debt collection agency ?||
Does anyone have experience of recovering overdue debt in China. Can anyone recommend any Chinese debt recovery or collection agencies based in China
||4||104||210 days ago||Sign up or login to view|
need information concerning PPSA registrations and whether there is a 20 business day limit that a security interest needs to be registered if the oth…
||3||109||210 days ago||Sign up or login to view|
|Debt Recovery in Qld Courts||
Hi All, I work in the transport industry and need some help ./options to recover debts in Qld Courts. The debts are inbetween $3k and $20k,.
||7||189||213 days ago||Sign up or login to view|
Dr Graig Latham of the Australian Small Business Commissioner stated that government paid 98% of invoices within 30 days and is working to be a Model …
||2||105||218 days ago||Sign up or login to view|
|Time Frame to Assess Commercial Credit Application||
What is the time frame that you allow to process a commercial credit Application?
||3||157||218 days ago||Sign up or login to view|
|Mobile Numbers acceptable for line of Credit?||
I am looking for advice/experiences regarding supplying customers a line of credit when only Mobile number can be provided?
If so what are some diffi…
||4||112||222 days ago||Sign up or login to view|
Does everybody agree that, to assist Creditors claim proceeds of sale of their products, Administrators should be obliged to publish Lists of Debtors,…
||5||117||223 days ago||Sign up or login to view|
|ATO request for Third Party Check||
I have received a request from the ATO to provide information in relation to a number of our invoices all pertaining to one of our commerc…
||2||131||229 days ago||Sign up or login to view|
|Legal Action against Debtors||
Is there any legislation stating that no legal action can be taken against a debtor within payment terms. If so where is it???
||3||243||231 days ago||Sign up or login to view|
Is it true that the PPSA gives a defence to preference claims?
Any help or advice would be greatly appreciated.
||13||236||232 days ago||Sign up or login to view|
|Dealing with Trusts||
Can some give me a quick and easy explanation why we should not deal with trusts as the entity on our credit applications and perhaps give advice on t…
||6||274||232 days ago||Sign up or login to view|
|credit app requirements||
Credit App only has 2 of the 4 directors listed. is it a requirement that all Directors be listed? Also only the CFO has signed the warranty, Applicat…
||3||169||240 days ago||Sign up or login to view|
|**POSITION VACANT ** GOLD COAST||
Hi there, I am looking for a credit controller, collections person to join a large AR team on the Gold Coast. Please contact me on 0423 697 257 for an…
||0||105||240 days ago||Sign up or login to view|
|credit card acceptance over the phone for cash sales||
Does anyone accept credit card payments for cash sales over the phone ? for individuals whom you have never met ?
I have always felt this to be unsaf…
||5||186||240 days ago||Sign up or login to view|
|debts over $10k||
I am in the process of putting credit defaults on some debtors. I have heard that if a debt is over a certain amount we can get security over his hous…
||2||172||240 days ago||Sign up or login to view|
|Help with Pleading||
Hi All, I am putting in a statement of claim via citec and I am having some technical difficulties on pleading to the court, Does anyone have an examp…
||2||101||241 days ago||Sign up or login to view|
A question for Credit Managers. Who goes out to visit customers, do you go solo or with a Sales Manager/member of the sale team and how often do you g…
||4||125||251 days ago||Sign up or login to view|
I recently had a discussion with an AICM member about when to make first contact with a customer and it seems many operations are contactin…
||5||277||276 days ago||Sign up or login to view|
|COMMERCIAL DEFAULT LISTING - VEDA||
Can someone please advise, to be able to lodge a "Commercial Default" with Veda, it states that there needs to be a "Written Contract" between the cre…
||3||179||287 days ago||Sign up or login to view|
|Time of Invoicing||
Hi, I have just had a customer advise me it was illegal to generate a tax invoice for his ordered goods until he personally collected them. Is this …
||2||249||294 days ago||Sign up or login to view|
|$ LIMIT ON DEFAULTING||
Can someone tell me what the absolute minimum $ value is when defaulting? My example is a sole trader without a credit application. What are my chance…
||6||225||300 days ago||Sign up or login to view|
|Legal Process Flow Information||
Can anyone explain the Legal process flow within lending business for various legal cases?
||1||107||301 days ago||Sign up or login to view|
|Spouse/defacto applications hiding partners credit/criminal history||
I would appreciate your thoughts on this one,
We're seeing more credit applications from a wife or de facto where her partner has an appalling credit…
||4||191||303 days ago||Sign up or login to view|
|credit card surcharge||
Hello, we are now charging our customers 1.5% bank surcharge if they pay by credit card. Do we pay GST on this? How can I manage this as I don't know …
||3||190||310 days ago||Sign up or login to view|
|Tax free jurisdictions||
Can I get some expert opinion on dealing with company borrowers whose major company shareholder is registered in a tax free jurisdiction. What are ma…
||4||108||316 days ago||Sign up or login to view|
|Secured PPSR, but description/registration inaccurate/not detailed.||
Hi all, after some clarification before any potential issue arises RE: PPSR online registrations in liquidations/VA's etc. We register everything on P…
||2||120||318 days ago||Sign up or login to view|
Would anyone have available a recent analysis for the cost of forwarding statements or collection letters via standard mail? If you are willing to sh…
||2||121||318 days ago||Sign up or login to view|
|ASAP help: CIO/COSL/EDRS Membership for Commercial only provider..||
Hi all - about to pay a required EDRS membership but after clarification on which catageory, or if its even really required for my company (who provid…
||2||338||318 days ago||Sign up or login to view|
|AFSA statement of claim & voting forms||
I have come across a situation where a customer has been sent to a debt collection agency for collection of unpaid invoices and AFSA sent the statemen…
||3||152||318 days ago||Sign up or login to view|
|Brisbane Skip Tracers/Investigators||
Hi I am looking at hiring a great skip tracer/Investigator in the Brisbane area. If anyone knows of anyone please call Dean on 0466 659 422.
||2||79||322 days ago||Sign up or login to view|
How do you perform a credit check on an entity that operates its business through a trust?
||8||302||325 days ago||Sign up or login to view|
|Customer's Business' Changing Hands/Being Sold||
Just hoping to get some clarity around an issue that is popping up quite a bit for us at late, particularly in the SME space.
We have o…
||8||279||327 days ago||Sign up or login to view|
|Legal action/Default listing on 'drip payments'||
Occasionally we have customers that stop buying from us having gone to an opposition company. When pressed for payment, the customer sometime…
||6||326||331 days ago||Sign up or login to view|
|DEBT COLLECTION IN SHENZHEN PROVINCE CHINA||
Has anyone out there had any success with collections in Shenzhen Province in China?
We have a Chinese debtor in that region and we have exhausted …
||4||228||349 days ago||Sign up or login to view|
|Business Continuity Plan||
Hi All, I am in the process of writing a Business Continuity Plan and would like to see what other companies have included to see if I am on track. I …
||2||94||350 days ago||Sign up or login to view|
|Off Setting Debts - Debtor/Creditor||
As a general rule, we never like to off set amounts owed, however when a debtor is also a creditor, and the debtor is struggling to pay th…
||2||166||353 days ago||Sign up or login to view|
|Seeking Job Opportunity||
I am currently looking for a new job opportunity within the Western suburbs of Melbourne or within the CBD area. I have over 15 years expe…
||0||106||358 days ago||Sign up or login to view|