Credit management stories

Late payments now make up 37% of global pay cycles, with firms waiting 51 days on average to be paid, Sidetrade data reveals.

Consumers worldwide demand flexible, digital credit cards, pushing traditional banks to modernise or risk losing ground to agile fintech rivals.

Sidetrade expands into Asia-Pacific by acquiring Australia's ezyCollect for EUR €37 million, targeting SMBs with AI-powered Order-to-Cash solutions.

Celonis' Process Intelligence platform achieves a 383% ROI and USD $44.1m benefits over three years, slashing costs and boosting efficiency globally.

Creditsafe won the 2025 Nucleus Research ROI Award after achieving a 234% ROI and faster cash cycles using BlackLine's financial platform.

Aryza has acquired RiskLogix Solutions, aiming to enhance its presence in the governance, risk, and compliance market while expanding its global reach.

Zoe Anderson has been appointed Chief Credit Officer at MTF Finance, effective January 2025, bringing over 13 years of experience from RAC Finance.

Cosentino has introduced an AI assistant for credit block management, enabling credit managers to process blocked sales orders five times faster.

WeMoney partners with Google Cloud to launch WeMo, an AI-powered credit health assistant. This tool aims to educate Australians about their credit scores.

Celonis and Sailfin Technologies unveil AI-driven suite to optimise AR operations, promising enhanced cash flow, greater productivity, and potential million-dollar savings.

Marmalade has been making waves in the invoicing space across Australia with its world-first invoice payments platform.

Buy now, pay later schemes could damage credit scores and harm vulnerable consumers, warns credit firm ClearScore.

Australia atop in Asia-Pacific for B2B credit sales, yet 25% lack a credit strategy amid economic uncertainty.

DXC Technology's Enterprise Credit Management module has been licensed for Microsoft Dynamics 365 for Finance and Operations.