encompass webinar: reshaping insolvency with ferrier hodgson & encompass

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A review of the slides used in the April webinar: Reshaping Insolvency with Ferrier Hodgson partner, Jim Sarantinos and Encompass Corporation. For more information, visit www.encompasscorporation.com or download the white paper at encompasscorporation.com/reshaping

TRANSCRIPT

Webinar: Reshaping Insolvency

Starting at 1pm AEST

All attendees will be set to Mute to avoid background interference. If you are having audio issues, try changing your settings or type a message in the chat window for us to assist you.

Please ask questions by typing into the chat window shown. All questions and answers will be covered in the webinar for the entire audience

Your Host

Alex Ford Encompass Corporation

Who or what is your most trusted source of information to stay on top of your job?

Warm up question

Please type your answer here

Use red arrow to display or hide chat window

Our Guest Perspective

Getting To Know Our Audience

How long have you been

involved in the industry?

www.encompasscorporation.com/reshaping

Reshaping Insolvency

Our Recent Whitepaper

This Webinar

White paper review: •  A brief industry snapshot •  Current industry & firm challenges •  Opportunities •  Commercial Information

Management

Industry Snapshot 2013

Number of corporate insolvencies: •  December 2013 2552 •  December 2012 2618 •  Fall of 2.5% Business size: •  SMB with less than $100,000 assets

and less than 20 staff Number of registered liquidators: •  681

Industry Snapshot

31%

18% 8%

8%

5% 5% 3% 2% 3% 2%

4%

11%

ASIC Insolvency Statistics by Industry Type September - December 2013

Other (business & personal) services Construction

Accommodation & food services Retail trade

Manufacturing

Transport, postal & warehousing

Insolvency Industry Challenges

What do you consider to be the greatest industry

challenges?

what we heard

•  Complexity and unpredictable nature of the job

•  Practitioners’ high exposure to personal risk and liability

•  Criticism and scrutiny from media

•  Government regulation and compliance requirements

•  Ensuring consistently high quality of work

Practitioner Priorities

What are the biggest challenges facing your firm?

Before  

How to respond to

opportunities in the fastest

time and with the best information?

Being Informed

Commercial Information

Insolvency practitioners need to understand the full picture, fast

Commercial Information Management

Commercial Information Management

Search à Review à Manage

Into This

Before  

How to respond to

opportunities in the fastest

time and with the best information?

Encompass as a Solution

respond to opportunities in the fastest time and with the best information

Wrap Up

• Your Questions • Your Feedback • Download Whitepaper • Webinar Playback • Resource Centre

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