If the news from Dun & Bradstreet in NZ is encouraging, it's exactly the opposite in Australia. Trade Payments are running at 53.2 days. This is an alarming number and significantly worse than the all time high NZ indicator of 51 days in late 2008.
There are now 2.6 million kiwis using Facebook and the number is growing. Concurrently, smartphone use in New Zealand has grown by a staggering 99 percent in the last year. It is easier than ever for consumers to share their experiences with others and banking customers are no exception. Understanding what customers are feeling, thinking and saying (in real time) is now more crucial to banks than ever.
Consumer stress in New Zealand has fallen to its lowest level since the beginning of 2012 as the economy's ongoing expansion continues to boost the financial position of Kiwis and strengthen their capacity to borrow and spend.
We have all of these phrases and meanings that we use every day about money, life and more, but few of them do us really know or think about them in their reality of usage. For example, where does a slush fund really come from; do you ever sell yourself short; why is something cheap at half the price; when did this place go to the dogs; and how come you can lead a horse to water but can't make it drink?
A Bank suggested to their customer that they contact Interface to bridge the shortfall between the Bank's facility and the customer's new funding requirement.
At graduate level, women in Australia and New Zealand make up over 50% of the financial services industry. However they only make up 34% of managers and 8% of CEOs.
For many small businesses efficiently managing cashflow can mean the difference between success and failure. Here's how to get it right.
Businesses in New Zealand are experiencing a cash flow boost from the country's strong economic performance, with the average time taken for invoices to be paid falling to the fastest second quarter level on record.
In Wellington, Interface recently assisted a contractor who had secured at short notice a large offshore contract.
The latest group of employees to enter the workforce are known as "millennials". Their behaviour is very different from older generations and millennials have more in common with the finance sector's fastest growing customer base.
Do you want to promote your small business but have limited resources to spend on advertising and media relations? Content marketing may be the answer.
Consumer protection is a top priority across the financial services industry and the focus on risk management and compliance is expected to continue in 2015 and beyond.
Starting a new business requires adequate funding but it needn't cost the earth. From office space to advertising costs, we debunk five myths about start-up costs.
A Bank recently referred a customer to IFG that had commenced a new business venture providing maintenance services to a large multi-national company. While the company waited to be paid for services provided, the steadily increasing growth in their business was creating a shortfall in cash-flow.
Get started with a free consultation. We're happy to discuss your funding needs without cost or obligation.