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News and Advice

Credit Management News Blog August 2021

credit management industry round up news

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 Over 8,700 shops disappear from the high street in the first six months of 2021 Two Thirds of […]

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What is a director guarantee?

Half of invoices continue to be paid late

The purpose of our blog this week is to help you understand some of the terminology used and also the options that are open to you. One of the options is a Director guarantee these can be used to leverage payment from a business, the biggest benefit of this guarantee is to creditors. Definition – […]

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How to deal with late payment excuses

late payment resolution in recruitment

Here at Credit Management Group we have heard a wide variety of excuses for late payment over the years. Some are much more believable than others! Below are the top 5 and how to deal with them. “We didn’t receive the invoice” / “We asked for a copy invoice to be sent” The best way […]

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Welcome to our July 2021 Credit Management News blog

July Credit Management News

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 Third of businesses concerned about surviving the next 12 months Business insolvencies increased by 31% in the last […]

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When to use our Order to Cash Process Tool

order to cash process tool

When we created our order to cash process tool worksheet it was with the intention that those who downloaded it could use it as a resource to jog their memory, or ask themselves questions about their order to cash process to ensure every aspect was covered. The resource is not intended to be read once […]

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June Credit Management Blog

Credit management industry news

Welcome to our June 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 Asset Finance grows by 106% Stormy waters ahead predicted for […]

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Don’t leave positive cash flow to chance

Don’t leave positive cash flow to chance

If you are the owner of an SME, cash flow of your business is never far from your mind. There is a fine line between sales and costs in any company but without a reserve in the bank this can become a problem if it’s not monitored. It can be hard to plan and forecast […]

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The Pros and Cons of Invoice Finance

invoice finance

Invoice financing allows businesses to draw money against a percentage of an invoice prior to it being paid by the customer. Whilst this may sound like a great option to finance your business, careful consideration should be taken when considering invoice financing within your business. First things first, one thing I have learnt from my […]

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May Outsourced Credit Management Blog

credit management faqs

Welcome to our May 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 Small Firms want Support Loans turned into employee shares Rising […]

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