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News and Advice

Six Ways to Improve Cash Flow in the New Year

Credit management best practice

Making resolutions for your business can be a great way to start off the New Year, however in order to ensure you stick with the resolutions you firstly need to understand how you can bring them to fruition. Many business owners and managers will make the resolution to improve cash flow in the business during […]

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Eight New Year’s Resolutions to Improve your Commercial Credit Management in 2025

Credit Management Outsourcing

2025 could be the year for your business to improve and grow, however this relies heavily on how effectively your commercial credit management runs. Therefore, at CMG UK, we have compiled a list of New Year’s resolutions for your to carry forward into 2025 for the benefit of your business. Improving your commercial credit management […]

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How to Keep Momentum on your Christmas Credit Management Function during the festive period.

Credit Management Function

The Christmas period signals a slow-down for many UK businesses; Christmas excitement takes over and the majority of businesses close during part or all of Christmas and New Year celebrations. In order for businesses to maintain cash flow during this time, they must have an effective action plan in place to ensure the highest possible […]

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5 steps to avoid Christmas cashflow issues

5 steps to avoid Christmas cashflow issues

With Christmas creeping up on us your plan for December is crucial to ensuring that it is no different to any other month for your Cashflow. We will soon be coming to the time of year when businesses wind down and start to think of the new year this is when you will start to […]

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CMG UK are shortlisted at the CICM British Credit Awards 2026

CMG UK award nominees for the CICM British credit awards 2026

The CMG UK team have been celebrating this week following confirmation of being shortlisted in two categories of the CICM British Credit Awards 2026. We have been shortlisted for Debt Collection Team of the Year and Supplier of the Year awards. The CICM British Credit Awards 2026 recognise the outstanding achievements of the most deserving […]

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Simple Steps to Writing Effective Collection Letters

writing effective collection letters

In terms of the impact on your customers’ inclination to pay you, writing effective collection letters tend to have more gravitas than emails or phone calls alone. They are a much more formal way of communicating with a customer and therefore can potentially encourage them to take a situation more seriously if they have been […]

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Agreeing Commercial Credit Payment Plans

commercial credit payment plans

Agreeing commercial credit payment plans with delinquent customers is a common part of credit control. We’ve included some guidelines to help you get the best outcome for your company and to make consequences of defaulting on the agreement clear to your customer. If you follow the above guidelines, you should be confident of getting paid, […]

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