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When it was announced in 2017 that the world’s most valuable resource is no longer oil but data, organisations were already leveraging data to manage credit risk, predict future trends, and unlock new revenue systems to drive business growth.
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The Personal Property Securities Register (PPSR) is a complex beast, and many businesses don’t realise is that it’s a “to the second” registration. If businesses leave their registration renewals to the last minute, they run the risk of their registrations lapsing and losing all the protection they have over their personal property.
Teething problems and mistakes are great opportunities for learning, fine tuning and perfecting.
But learning from your own mistakes can be bitter. Learning from others is better.
Thank goodness for red squiggly lines.
Make a mistake on a Word document or an email and those jarring, but helpful red squiggly lines alert you to an embarrassing typo.
If only the PPSR registration process was similarly obliging.
Any good story will tell you the main facts, such as What, Who, When, Where, Why, How and How Much?
Forgetting to renew your car insurance and then getting into a bingle a couple of weeks later is annoying. What's worse, is not registering your goods on the PPSR – or registering them incorrectly – only to find out your customer has gone belly up.https://www.edxppsr.com.au/about-pps/ppsa-explained
