illion Blog

Business expectations remain solidly positive, with all components of the survey increasing in illion’s most recent analysis. The interim business expectations index for the December quarter rose to a 15-year high, driven by the recent run of favourable economic news on employment, an upturn in retail spending and on-going record low interest rates.

Topics: Australian Business Expectations, Capital Investment, Australian Economy

Data is dynamic and constantly changing. Your customers are the same, which means having the most up-to-date information is vital in order to stay informed, ahead of your competitors and achieve growth.

Topics: Consumer Marketing, Data & Analytics

illion recently had the honour of winning two categories at the Australian Business Awards: Employer of Choice and HR Management for 2018. This was an amazing acknowledgement of the team culture here at illion.

Topics: illion News

The illion business expectations survey painted a picture of solid expansion in the economy into the second half of 2018. Equally important is business reporting actual activity, which was also positive in the June quarter, suggesting the official GDP data for that period will register solid growth. Those GDP data are scheduled for release in early September.

Topics: Australian Business Expectations, Interest Rates, Retail

Federal Parliament will shortly consider legislation to make comprehensive credit reporting (CCR) mandatory for the four major banks. The inclusion of repayment information helps lenders do a better job of meeting their responsible lending obligations by identifying individuals struggling to meet their commitments. 

Topics: Comprehensive Credit Reporting, illion News

In today’s corporate and regulatory environment having stale data is not just costly, it can be fatal to your business. Maintaining the most up-to-date information is something you can control that will provide you with a tangible competitive advantage.

Topics: Commercial Marketing, Data & Analytics

There are countless tools on the market that offer an automated bank statement retrieval solution; each creating efficiencies and opportunities for income and expense verification. So how do you know which provider is the best fit for your business?

Topics: Bank Statement Automation, FinTech

Dealing with money laundering is the new normal for Australian and New Zealand businesses. Last year alone, $4.5 billion was laundered in Australia.

Topics: Anti Money Laundering

Cash flow, vital to the success of any business, is especially important to SMEs looking to grow and develop. Cash flow mismanagement will more often than not leave your business vulnerable and could potentially lead to failure. 

Topics: Small & Medium Businesses

The end of financial year is closing in and businesses will begin the annual rush to hit revenue targets and collect outstanding debt. This Q4 push often signals a flurry of activity, but with wildly varying results.

Topics: Data & Analytics