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During a recent survey Experian business assist revealed that 63% of businesses knew their credit score and used it to keep an eye on how they are performing. Knowing your score is one thing understanding what the score means is the added benefit. Experian have produced an infographic which helps with the understanding. Here are our […]
Here are our top credit management FAQ for March. What is credit risk assessment? Credit risk assessment should be carried out prior to entering into a contract and providing any goods or services to a prospective customer. The aim of this assessment is to identify the risk that your prospective customers poses to your business, […]
Negotiating Payment in the Recruitment Industry Our case study to help recruitment firms get paid when a client employs a candidate directly. It also outlines when not to peruse the full amount in your not 100% sure of payment. As previously employed as a Credit Manager by a national recruitment and working for many recruitment […]
Welcome to our January Credit Management News blog. We hope this blog finds you well. If there is anything you would like to see more of in our round ups from more Credit Management News to help on Credit Outsourcing let us know: CREDIT MANAGEMENT Regional distribution of business loans revealed Government announces prompt payment […]
Welcome to our November Credit Management News blog. We have given you snippets of the latest topics that we hope are of interest to you and provide information to help with your business. If there is anything you would like to see more of in our round ups from more Credit Management News to help […]
Welcome to the 3rd of our series of blogs to help you improve your ‘Order to Cash’ process in a practical way and reduce the negative effects of the pandemic on businesses. See the previous blogs by clicking on the below links: Assessing Credit Risk Collection strategies We continue to look at the elements that […]
Welcome to the 2nd of our series of blogs to help you improve your ‘Order to Cash’ process in a practical way and reduce the negative effects of the pandemic on businesses. To review our 1st blog in the series ‘Assessing Credit Risk’ click here. We continue to look at the elements that make up […]
Latest Credit Management News The impact of COVID19 has been significant in terms of credit management affecting all businesses and individuals alike. Many businesses have reported an increase in payment terms month on month. Recent data supplied by Creditsafe has shown that this may be on the road to recovery with Days beyond terms being […]
During 2018 we wanted to run a series of blogs that added value to your business. Our Commercial Credit Management factsheets can enable you to manage and run your Credit Management function better by implementing new processes and procedures. Our factsheets cover all aspects from onboarding of a new client to debt collection and even […]
It is always good to know the process that would be taken against you as well as knowing this process for if you ever needed to implement it yourself. As a credit management company, we spend the majority of our time helping companies to follow a structured credit management process in order to get invoices […]