Small and Medium Enterprise (SME) stories

Australian small businesses lose over 22 hours weekly managing complex payment systems, risking cash flow, customer loss, and security concerns, says new report.

AppSignal now offers expanded OpenTelemetry support, enabling SMBs to monitor Go, Java, PHP, Ruby, Elixir, and Node.js applications with ease.

Emburse has launched the Sage Intacct Connector to streamline expense management and enhance spending control for small and mid-sized businesses.

Hero Foundation launches to create one million jobs by 2034, supporting Australians facing barriers with innovative recruitment and mentoring initiatives.

HostPapa has launched Dedicated Server Hosting with five tiers, offering businesses enhanced performance, security, and flexible managed or unmanaged options.

Australian SMEs face major challenges with slow cash flow and payment reconciliation, losing hours weekly and risking $50,000–200,000 in disputes, Adyen finds.

Citation Group has acquired Brisbane-based foundU to boost its workforce management services for Australian SMEs, enhancing compliance and payroll solutions.

With the 2025 federal election approaching, HP executives highlight the urgent need for Australia to embrace digital transformation and reform education to remain competitive.

Cam McKay has launched Impala Talent in Melbourne, aiming to connect SMEs and tech firms with specialist talent to drive growth and digital transformation.

Grapple plans to acquire Spenda's invoice finance portfolio, aiming to enhance its presence in the booming Australian SME market.

Zeller has launched its all-in-one financial solution, Zeller for Startups, to support Australian tech founders who feel neglected by traditional banks.

A Juniper Research study forecasts the number of Internet of Things devices protected by cybersecurity will double to 28 billion by 2028, amid rising complexity.

Black Pearl Group has unveiled the beta launch of Bebop, an AI-driven sales intelligence platform, aimed at revolutionising SME sales strategies.

A CommBank survey reveals almost 80% of Australian small to medium businesses struggled with cash flow last year, prompting various strategies for relief.

London-based Guavapay has reported a remarkable 71% growth in annual revenue for 2024, driven by a larger customer base and staff expansion.

Kaspersky's report reveals that 88% of businesses faced cyber attacks last year, highlighting the urgent need for improved network security measures.

Chris Wilson has been appointed Chief Financial Officer at payments platform Ecommpay, bringing a wealth of experience from the music and finance sectors.

The Asia-Pacific region is experiencing a payment revolution, with realtime transactions surging to 185.8 billion in 2023, reshaping financial interactions.

The International Workplace Group forecasts significant shifts in work practices by 2025, warning that enforcing daily office attendance may trigger mass resignations.

UBH Group is the first firm in the Southern Hemisphere to achieve ISO 19443 certification, bolstering Australia's nuclear supply chain readiness.