Support
8th February 2023 | by Jenny Esau | CMG UK News, News and Advice, Support
The Topic to cover for this week is Automation of credit limit setting Q: Our business provides IT support and equipment. We have a large number of customers with an increasing number of new customers monthly. We would like to automate our credit limit setting process as much as possible, we are thinking of automatically […]
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25th January 2023 | by Jenny Esau | CMG UK News, News and Advice, Support
This week we will be covering Risk Q: I understand we need to look at the risk of not getting paid when we onboard a new contract, but are there any other risks we should be looking to reduce? A: There are many risks in business, one big one is risk of claim of consequential […]
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28th March 2022 | by Jenny Esau | News and Advice, Support
Many times, when there is potential for a sale, businesses will jump at the chance for more work and forget about one of the most important factors in a business, when all of your work has been completed, will you actually get paid? Carrying out a credit check on potential customers prior to doing business […]
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7th April 2021 | by Jenny Esau | CMG UK News, News and Advice, Support
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 […]
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22nd September 2020 | by Jenny Esau | News and Advice, Support
Here at the Credit Management Group we have many years of experience helping companies solve their late payment and debt issues. Wouldn’t it be nice if you could see the issues BEFORE you started doing business with a potential client? We are offering a free Company credit check where you can see the potential pitfalls […]
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28th January 2020 | by Jenny Esau | CMG UK News, News and Advice, Support
It has often been reported on that late payments are the main issue for most small businesses, figures show that around 50,000 business failures in 2014 could have been avoided if all payments due were paid within 30 days. The majority of companies respect their suppliers and pay the invoices due in the agreed timeframe. […]
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