Sept 2017 White Paper - Business Payment Trends

Business Payment Survey Data

Thanks for participating in this survey - it will take less than 3 minutes.

smartAR are leading cash flow improvement specialists and we are collecting general data about Australian & NZ businesses, their preferred accounting systems and their debtor payment trends.

Only aggregate data will be used in a White Paper which will discuss payment trends and options for businesses to improve their efficiency with better payment solutions. For instance: If debtors were paying more slowly in 2017, should you respond with more lenient terms of trade or more robust collection processes?

If you choose to leave your email details at the end of the survey we will of course share the final White Paper with you in September 2017 and all respondents will be in our draw for a $150 Westfield voucher. Thank you.

(More details about smartAR can be gained at www.smartAR.com)

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* 1. What is your primary industry sector/Activity ? e.g. Agricultural Manufacturing, Import Distribution etc.

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* 2. Which accounting system do you currently use? Eg. MYOB, XERO, SAP etc.

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* 3. What are your standard Terms of Trade offered to clients?

7 Days

14 Days

30 Days

20th of the month following

Other (please specify)

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* 4. Which statement below best describes when your clients pay you?

All our clients pay on or before due date;

Almost all clients pay the month we invoice them;

Many clients pay the month after we invoice them;

Clients regularly pay two months after we invoice them;

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* 5. In 2017, have you found clients are paying your business:

More quickly?

About the same?

A little slower?

Much slower?

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* 6. We need to group businesses payment answers with estimates of their turnover. Which band do you feel best describes your estimate of your business turnover or gross revenue?

Below $1,000,000

$1,000,000 to $5,000,000

$5,000,000 to $10,000,000

Over $10,000,000

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* 7. Would you like more information to help you reduce the numbers of your slow paying customers?

Yes

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* 8. That's it - thank you again. Please include your email address below and we will send you the White Paper upon completion in September. As a special thank you we will also include you in the September draw for a $150 Westfield Voucher.