Getting paid in international markets
Many companies that I speak to β both in the SME sector and at the big end of town β face challenges with getting paid on time (or at all) when they sell to customers overseas. In the worst-case scenario, payment problems may force a company out of business in a particular country. This was […]
How to Choose the Right Payroll Provider in 8 Questions
Payroll plays one of the most crucial functions in your business. This department is in charge of calculating the salary, hours worked and additional costs accrued based on the relevant state or national regulations. They are a make or break factor for employees. An American study found that 49% of employees start job hunting after […]
The Currency of Exporting
As a tumultuous year comes to a close, itβs time to take a look at how financial market movements have, and are indeed β affecting exporters. The Reserve Bank of Australia has steadily raised rates to 3.1% across the calendar year, in reaction to spiralling costs and inflation (7.3%). From the supermarket shelves, to the […]