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Ensuring your cash flow is up date and monitored can ensure your business stays in the red even in the challenging economic times we are experiencing. Fortunately, with an effective credit control procedure in place, the threat of late payment can be reduced. Even though most owners know this companies continue to make the same […]
Chasing for payment from your customers is a delicate balance of customer service and actually chasing for money owed. As you become familiar with a customer and build a relationship with them you should be able to identify the ideal tone in which you should speak to them (formally or informally) and what usually encourages […]
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: COMMERCIAL CREDIT MANAGEMENT Business CCJs rise 70% over the year Business insolvencies rose in September Insolvency Service announces end of […]
There are no ifs, ands or buts about it, every business has a credit management function; how effective that credit management function is will significantly impact upon how well the business performs as a whole. Effective credit management takes into account a whole host of different aspects within the business’ order to cash process, such […]
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 Furlough Support Scheme Ends Businesses give back £1.3 Billion in furlough cash Four in five retailers will see […]
Enhance your credit management function in 2021 by attending our highly effective credit management training courses, running live via webinar. Improving Collection Performance We can improve your company’s cash flow by training delegates on collection strategy and techniques on how to negotiate payment effectively. Course running w/c 25th October 2021 Time: The course will be presented […]
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 […]
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 – […]
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 […]
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 […]