5 Problems Insurers Can Solve With Cleaner Data
15th Jul 2024

Businesses collect and process vast amounts of data, and often overlook the importance of ensuring the data is accurate, reliable, relevant, complete, consistent and timely. For a data-critical sector like insurance, the process of cleaning data to fix inaccuracies, incomplete, duplicate or wrongly formatted records holds valuable benefits.

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Business owners and credit managers in NSW and the ACT turn to Malcolm when they need assistance with the Personal Property Securities Act (PPSA).

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PPSR Renewals

Registering business security interests to the Personal Property Securities Register (PPSR) is an integral part of any risk management strategy. Equally important is having the procedures in place to ensure these registrations are renewed before their 2019 expiry date.

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New research from Equifax indicates Victorians are highly receptive to conversion to solar power, battery storage and electric cars.

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Construction needs to get PPSR Ready

The project-based, contractual nature of the construction industry can leave the security interests of many businesses vulnerable. Failing to register security interests on the Personal Property Securities Register (PPSR) can prove costly, not just for the unregistered business, but also its contractors, sub-contractors, suppliers and consultants.

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Like all innovations, open banking has both good and potentially not-so-good consequences.

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Metcash is a large Australian wholesale distributor, delivering products to more than 10,000 retail premises and 90,000 wholesale customers across the food, grocery, liquor and hardware markets. Their retail brands include IGA, Foodland, Mitre 10, Home Timber & Hardware and the Bottle-O.

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Would your PPS registrations pass a 'health check'

The renewal process for the Personal Property Securities Register (PPSR) can be complex and time consuming, particularly for businesses that don’t have a dedicated internal resource.

If a registration isn’t renewed accurately, it may limit or invalidate the rights of the business to get the goods back or be paid. In this article, we provide insight into how to ensure all of your PPS registrations would pass a ‘health check’ when renewed.

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4 things to remember when registering on the PPSR

Addressing the task of renewing your PPS registrations is a great time to ensure that your registrations are correct. Incorrect registrations could mean loss of your security interests.https://www.edxppsr.com.au/contact

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Is your business exposed to risk

We’re all guilty of delaying difficult tasks. Of leaving jobs until right before the deadline because that’s when we feel motivated. But when it comes to renewing your security interests on the government’s Personal Property Securities Register (PPSR), this is a serious deadline to sit up and take notice of.​​

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