Product Outline

The 24/7 Group in association with Collection Consultancy Australia offers an obligation free corporate assessment to ensure your company is fully compliant with all aspects of the current Privacy Policy Act.

Recent changes to the Privacy Policy Act allow for harsh penalties to any company that does not have an up to date and current Privacy Policy including Website Terms of Use.

The simple act of obtaining Trade References or asking for a prospective client’s name, phone number or email address can now expose businesses to massive penalties.

Below is a brief Product Outline of the services we provide to ensure your company becomes and remains compliant with the changes and amendments to the Privacy Policy Act.

Terms and Conditions

Terms and conditions or Terms of Trade are the cornerstone protecting a business and it’s cash-flow. They set the rules by which a business extends credit to its clients. They are particular to than individual business covering the areas of risk for that business. They allow a business to Mark a Debts Credit File, on-charge any collection costs, enable the business to become a secured creditor with the same protection as the banks, and outlines the businesses dispute resolution policy.

Privacy Policy

A businesses Privacy Policy ensure that the business complies with the latest Privacy Legislation protecting the business from potential fines through both a Privacy Breach and Data Breach. It outlines how a business holds and managers its client personal information and allows the business to analysis their client credit worthiness. Under the new legislation a business can be fines $42,000 for simply asking for Trace references without the appropriate waivers in place. For the latest list of Privacy breaches go to https://www.webberinsurance.com.au/data-breaches-list

Subcontract / Independent Agreements

With the recent introduction of TPAR or Taxable Payment Annual Report, all businesses who engage Subcontractors or Independent Contractors are required by law to submit an annual record of all payments to the Australian Taxation Office. These reports are used to identify businesses who haven’t met their tax liabilities and could put the head contractor in a precarious position, if the ATO decides that the subcontractor or independent contractor are employees. A formal legally binding Subcontractor / Independent Contractor agreement formalises the relationship limiting the risk to a business.

Website Terms of Use

As a result of the latest changes in the Privacy Legislation, businesses who have a website must have Website Terms of Use included as part of their Privacy Policy associated with their website. The Storing and Securing of the Information collected through their Website, as well as their Data Protect Policy, Cookie Policy, Copyright and Trademarks Policies to name a few, need to be incorporated into their Website Terms of Use. A businesses Website Terms of Use forms part of a business’s overall Privacy and Data Protection Policy under the recent changes to the Privacy and Data Protection Legislation.

Chattel Leases

Chattel Leases are now an essential part of the standard structure of any businesses who has traditionally used a Trust or Holding Company to protect their assets. Due to the introduction of the PPSA Legislation a Trust or Holding company no longer protects the assets of a business without a PPSA Registration. By using a Chattel Lease which incorporates the appropriate PPSA Legislation a business can now register their Lease Agreement on the PPSA Register thereby securing their ownership and title of their assets. Without a Chattel Lease a business will more than likely lose any assets previous protected by their Trust arrangement.

HR Management Packages

With the constant changes in legislation and the endless opportunities for employees to seek assistance in what they deem to be Unfair Termination or Dismissal, employers are under ever increasing scrutiny to prove their innocence and limit their liability. By having a structured templated system which starts from writing a Job Description, through to Interviewing Techniques and performing Performance Reviews, right through to ultimately Terminating an Employee and Conducting Exit Interviews, a business can ensure they stay between the guideline negating the possibility of potential litigation.

The Collection Consultancy Australia HR Management Packages are designed for businesses who have a potential need to manage their employees without the expense of employing a dedicated HR Manager, or for a HR Manager new to the industry who wants a templated system to follow without huge ongoing monthly expenses offered elsewhere.

Employment Agreements

Whilst an Employment Agreement is included in the Collection Consultancy Australia HR Management Package quite often a business will employ more than one type of our employee. Due to Legislation and conditions each type of Employee requires a separate type of Employment Agreement. Collection Consultancy Australia Supply Permanent, Part Time and Casual Employment Agreements.

Business Owner Loan Registrations

Business Owner Loan Agreements are designed to formalise any loan agreement between Shareholders, Directors, Investors or Partners to a business. The Loan Agreements formalise the relationship and can set out repayments and any applicable interest associated with the Loan Agreement. A major aspect of the Loan Agreements is the ability to register the loans on the PPSA making the lender a secured creditor over the business they are funding providing a level of security not previously available. This is especially important when dealing with the ATO if the business is going to claim the TAX benefits associated with the loan or the interest paid on the loan.

Debt Collection

Collection Consultancy Australia offer our Debt Collection Service through our Online Portal were, once a business has filled out the client authorisation, debts can be loaded on an individual basis. Simply follow the online prompts and your debts are automatically loaded into our collection system with a 30 to 45-day turnaround. Our Commission schedule starts at 7.5% for collection in the first 7 days, and a maximum of 15% thereafter. And the best part – No Collection No Commission

PPSA Registrations

Collection Consultancy Australia also offer an Online PPSA Registration Service through our PPSA Portal. Simply follow the online process adding the relevant documentation and we will handle everything from there. Either 1 or 1000 registrations can all be handled online. We will also provide you with your verification statement and even set up your PPSA account to ensure the registration is allocated to your business. The cost is $29 per registration which includes the $6.00 Government Fee, but ensures it is done correctly without the wasted hours to trying to do it yourself and elevates the uncertainty of not really knowing if it’s been done correctly.

Products and services supplied in conjunction with Collection Consultancy Australia Pty Ltd