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billing and collecting

Why are you billing and collecting your finance agreements for your finance partner?

We’re seeing this more often lately with vendors that we speak to about partnering with 3E Advantage to establish an asset finance partner program. When reviewing their current relationship with their incumbent, we are discovering that the partner has been performing the billing and collecting function on behalf of their finance partner. Our immediate question...
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Instant Asset Write-off

Instant Asset Write-Off Increases from $30,000 to $150,000

Instant Asset Write-off As part of the Federal Government’s economic stimulus package in response to the COVID-19 crisis,  popular Instant Asset Write-Off rules have been expanded, with the threshold lifting to $150,000 from $30,000, and business annual turnover from $50 million to $500 million, until 30 June 2020. On 9 June 2020, the federal government...
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Single touch payroll

Single Touch Payroll – Something all Australian businesses should be aware of

What is Single Touch Payroll? Putting it quite simply, instead of providing an annual payment summary to your employee’s you will now “File” the statement as part of every pay run to the ATO. This then allows your employees to access this information at any stage via their MyGov Secure log on and removes the...
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power up your sales

Power up your sales – How including a payment solution in all your proposals can improve your sales

  Savvy equipment manufacturers and resellers are doing it. Are you? If you sell equipment to businesses and you don’t have a payment solution available to your customers, chances are your clients have asked you the question. They may have even organised their own and you have inadvertently dealt with a third-party financier, whom you...
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Happy Birthday 3E

Happy 4th Birthday to the 3E team

My diary reminder went off “3E Advantage Birthday of incorporation – incorporated 22 January 2015”. I could not believe 4 years had passed already. It seems like only yesterday I wrote a reflection on our first year. You can read that original post here. Well I think it is time to slow down a little,...
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3E outgrows its start-up office space

3E Advantage has experienced some phenomenal growth over the past few years. Off the back of that growth, 3E has recently invested heavily in additional staff and resources to ensure continued exceptional service for our partners and clients. This growth, both in results and resources, has seen us outgrow our original office.
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The importance of culture at 3E

Everyone talks about culture and every Job Advertisement I see, without fail, states what an awesome culture the hiring organisation has. But what does that actually mean? I have been fortunate in my career in that the few companies I have been employed with all have good cultures and people. However, whether you are a...
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Recruiting the perfect 3E employee

Is there such a thing as the perfect employee? Plenty have told me over the years (mostly tongue in cheek) that they are the “perfect employee” Maybe I’m too cynical but the perfect employee is not easy to find. The discussion we are having at 3E at the moment is, when we are hiring new...
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Microsoft, LinkedIn and my dad

What does one enormous global entity buying up another have to do with my dad who is an accountant in a small town in the Scottish Borders? Rewind almost 30 years to the time where my career was just getting started and my dad and I were sitting having a chat about whether I’d made...
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How to leverage multiple relationships for the benefit of all

Let me explain … Recently, a valued partner of 3E who was providing a software and services solution to one of their clients, introduced us to their client in order that we could provide a 3-year payment solution, rather than them paying the full amount up front. The client had a long standing relationship with...
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