Small Business (SMB) stories
MYOB launches MYOB Assist, an AI-powered app integrated into subscriptions to reduce admin tasks like invoicing and expense tracking for small businesses.
The EU Data Act, now in force, transforms data rights, demanding transparency and accountability from businesses while unlocking new AI and cloud opportunities.
AI-powered smart matching tech is helping SMEs hire faster and fairer, focusing on skills over CVs to tackle talent shortages and rising recruitment costs.
Wiise and SignUp Software have teamed up to offer accounts payable automation for SMEs in Australia and New Zealand via an integrated Microsoft Dynamics 365 solution.
Cloudhouse unveils Alchemy APS, enabling banks to swiftly modernise by packaging applications independently from legacy infrastructure, cutting costs and risks.
While 82% of Australian and New Zealand retailers have adopted AI, only 9% trust it to manage customer interactions without human oversight, study finds.
Zoho reports 20% growth in Australia and New Zealand, attributed to long-term strategy, product innovation, and focus on small businesses.
Reolink unveils AI system ReoNeuraTM and 4K 360° PTZ floodlight camera, enhancing smart security with advanced detection and video captioning features.
Surveys show Osome users in Singapore and Hong Kong report higher satisfaction and loyalty than clients of traditional accounting firms.
UK consumers and SMBs increasingly seek flexible, AI-powered payment solutions that offer personalised convenience and support cash flow amid funding challenges.
Business failures in New Zealand have steadied at elevated levels, with construction, services and retail still driving insolvency pressure.
Subcontractors in New Zealand could recover more than NZD $2.1 million after a High Court ruling said retention funds must be ringfenced in trust.
Nearly a quarter of New Zealand SMEs have already been hit by cyberattacks, with many still lacking basic defences against costly breaches.
Xero launches Open for Small Business, a podcast showcasing the inspiring journeys and resilience of Aotearoa's small business owners every fortnight.
Barry Leach, with 30 years in retail finance, joins The CFO Centre as fractional CFO to support SMEs through growth and transformation challenges.
Small business failure risk in Australia has risen 4.5%, outpacing 2.9% growth, hitting micro and young firms hardest amid shifting spending and inflation pressures.
New Zealand's Investment Boost lets businesses claim 20% of new asset costs immediately; Xero now supports this for purchases from 22 May 2025 onwards.
PayPal has launched Fastlane in Australia, speeding up guest checkout to cut cart abandonment and boost conversion rates for local retailers.
Clover's new Tap to Pay update lets Australian businesses accept contactless payments via mobile phones, boosting ease and flexibility without extra hardware.
New Zealand's SME jobs are recovering with 2.4% growth in July, but over half of workers remain uneasy about pay and job security.