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Topic (short descript) Question / Topic Replies Reads Last Post More
DEBT ARREARS What is an S88 Notice
Author: Elizabeth
5 94 3 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
Author: Solace23
2 108 9 days ago Sign up or login to view
PPSR Registrations - does it really have any pull when your customer falls into Administration/Liquidation? Hi 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…
Author: 20194817
8 294 10 days ago Sign up or login to view
Debt Recovery- Contracting Hi All, I was wondering if anyone was looking for a Debt Recovery Contractor. I have extensive experience in the legal and accounting field. Please c…
Author: Solace23
0 54 15 days ago Sign up or login to view
PPSR Hello 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? Thanks …
Author: Tim Ewing
6 174 15 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…
Author: Tracey
6 146 16 days ago Sign up or login to view
PPSR 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…
Author: Emanuel
3 100 28 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
Author: Solace23
5 222 44 days ago Sign up or login to view
Faxed Credit Aplications Hi there, Is anyone accepting faxed credit applications to approve an account. Am concerned about forged signatures in the event of default by appro…
Author: Zeeks
7 153 46 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…
Author: Mpearse
6 178 46 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 …
Author: Shane F
5 246 47 days ago Sign up or login to view
AP-AR offset 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…
Author: Olivia
2 105 49 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…
Author: Tracey
1 94 64 days ago Sign up or login to view
Credit reporting policy Hi can anyone advise where I might be able to obtain a standard a Credit reporting policy ?
Author: Tracey
2 167 65 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?
Author: JP AWTR
4 115 75 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?
Author: 20194817
7 212 75 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…
Author: Rporter
5 123 80 days ago Sign up or login to view
DOCA After receiving documentation an account had entered into administration we put the account on stop supply. The customer thankfully did not have an o…
Author: Tracey
5 175 87 days ago Sign up or login to view
Global account 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 …
Author: Tracey
2 121 87 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!
Author: Olivia
8 155 88 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…
Author: Shane F
9 226 91 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…
Author: Nick
2 115 92 days ago Sign up or login to view
Form S21D(3)(d) is there a pro forma for this
Author: Jupiter
0 68 92 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…
Author: Amy Beigoff
12 242 105 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…
Author: Tracey
3 152 107 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 …
Author: Chris
4 117 113 days ago Sign up or login to view
SAP training can anyone direct me to any free training on the basics of SAP, either online or hardcopy. thanks,
Author: Zeeks
0 26 114 days ago Sign up or login to view
cross directorship 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…
Author: Tracey
12 278 114 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…
Author: Tracey
3 277 115 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…
Author: Solace23
3 121 115 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…
Author: Ribbn
3 471 144 days ago Sign up or login to view
Legal entity Hi 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…
Author: 20194817
4 513 151 days ago Sign up or login to view
Customer Credit Limits Hello all. Who owns Credit Limits in your business? Sales or Credit? Is this the right ownership? Why? What frequency are Credit Limits reviewed?…
Author: Beth
5 203 151 days ago Sign up or login to view
Unregistered Businesses Hi Guys, We have an established customer who wants a second delivery point opened to an unregistered business using the same ABN as the existing acco…
Author: Rodney Jarvis
5 451 151 days ago Sign up or login to view
GUEST SPEAKER AT CREDIT COURSE Hi Guys 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'…
Author: Rporter
2 549 152 days ago Sign up or login to view
Trust Accounts 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.
Author: INDIANA
3 340 158 days ago Sign up or login to view
Course 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? …
Author: Jodyassi
3 123 158 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…
Author: Bunyip007
4 199 164 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…
Author: Kymfauscred
4 198 170 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?
Author: Qtime
3 213 172 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.…
Author: Aiced
0 97 173 days ago Sign up or login to view
PPSR registration 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…
Author: Amy Beigoff
7 236 178 days ago Sign up or login to view
accounts assistant Hello everyone, Hoping you can assist. we are currently interviewing for an accounts assistant role and would like to ask the applicants to complete …
Author: Tracey
2 96 178 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 !!!!!!
Author: Natrisse
3 88 178 days ago Sign up or login to view
Credit Bureau Meetings - Advertising Media Industry Hi there, Does anyone know if there is a bureau for the advertising / media industry? If no, is anyone interested? Thanks, Teresa
Author: Teresa Brown
4 116 179 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…
Author: Nick
9 226 183 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
Author: Franer3
4 104 184 days ago Sign up or login to view
PPSR 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…
Author: Terrys
3 106 184 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,.
Author: Solace23
7 183 187 days ago Sign up or login to view
Government Payment 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 …
Author: Nick
2 105 192 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?
Author: HJP
3 152 192 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…
Author: Sharlene Roycroft
4 112 195 days ago Sign up or login to view
PPSR Does everybody agree that, to assist Creditors claim proceeds of sale of their products, Administrators should be obliged to publish Lists of Debtors,…
Author: Sandran
5 117 197 days ago Sign up or login to view
ATO request for Third Party Check Hi All, 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…
Author: RebeccaP
2 131 203 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???
Author: Solace23
3 243 205 days ago Sign up or login to view
PPSA Hi Is it true that the PPSA gives a defence to preference claims? Any help or advice would be greatly appreciated. Cheers Tim
Author: Tim Ewing
13 230 205 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…
Author: Nichola
6 274 206 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…
Author: HJP
3 167 214 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…
Author: Teresa Brown
0 104 214 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…
Author: Zeeks
5 182 214 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…
Author: Solace23
2 172 214 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…
Author: Solace23
2 99 215 days ago Sign up or login to view
Customer Visits 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…
Author: Ribbn
4 125 225 days ago Sign up or login to view
First contact Hi All, 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…
Author: Nick
5 277 250 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…
Author: Jackie
3 177 261 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 …
Author: Michelle78
2 244 267 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…
Author: 20194817
6 225 274 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?
Author: Chaudharyvinay1
1 107 275 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…
Author: Rodney Jarvis
4 191 276 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 …
Author: Olivia
3 190 284 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…
Author: INDIANA
4 108 289 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…
Author: Kshrigley
2 117 291 days ago Sign up or login to view
Collection Letters 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…
Author: Qtime
2 120 292 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…
Author: Kshrigley
2 324 292 days ago Sign up or login to view
PPSR terms and conditions Do we need to include the PPSR in our terms and conditions? Does the customer need to agree to have them registered? Does anyone has a good line to ad…
Author: Olivia
3 213 292 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…
Author: LISAA
3 152 292 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.
Author: Solace23
2 79 296 days ago Sign up or login to view
Credit check How do you perform a credit check on an entity that operates its business through a trust?
Author: Laura McEwan
8 302 299 days ago Sign up or login to view
Customer's Business' Changing Hands/Being Sold Hi All! 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…
Author: Lorencrawford
8 279 300 days ago Sign up or login to view
Legal action/Default listing on 'drip payments' Hi All, Occasionally we have customers that stop buying from us having gone to an opposition company. When pressed for payment, the customer sometime…
Author: Rodney Jarvis
6 320 305 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 …
Author: Katinkafair
4 208 323 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 …
Author: Solace23
2 94 324 days ago Sign up or login to view
Off Setting Debts - Debtor/Creditor Hi All, 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…
Author: JulieHaigh
2 166 326 days ago Sign up or login to view
Position Vacant I have been asked to assist a large national building industry supply company find a suitably qualified person to fill the position of Assistant Natio…
Author: Waynec
3 181 332 days ago Sign up or login to view
Seeking Job Opportunity Hi All, 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…
Author: Jason B
0 102 332 days ago Sign up or login to view
Statutory Demand Can anyone help with a good precedent of a statutory demand for payment of a debt by a company? It's for a personal debt, so I won't be using solicit…
Author: DBC
4 170 338 days ago Sign up or login to view
Trustees What happens if there is a change of trustee for a trust? Is the new trustee liable for all old and new debts?
Author: Amy Beigoff
5 167 344 days ago Sign up or login to view
verification statements Does anyone file hardcopies of their verifications statements knowing we can retrieve them at any time on the govt website or via veda ? or per the em…
Author: Zeeks
5 156 346 days ago Sign up or login to view
Credit Manager seeking new opportunity I am seeking a new opportunity due to inevitable centralisation of my department to a South Eastern suburb location. North West or Western location o…
Author: Zeeks
0 117 352 days ago Sign up or login to view
PPSR vs ROT/Romalpa Clause Oh Dear, A large (mining) customer has gone into Administration. I have been informed a substantial amount of equipment has been supplied/loaned unde…
Author: Rodney Jarvis
4 251 355 days ago Sign up or login to view