News and Advice
5th July 2022 | by Jenny Esau | News and Advice
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 Hints & Tips to help on E-learning webinars let us know: COMMERCIAL CREDIT MANAGEMENT Business confidence hits 15-month low Inflation expected to push economy into recession Over half of […]
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28th June 2022 | by Jenny Esau | CMG UK News, News and Advice
At Credit Management UK we have vast experience working within the Recruitment Industry and wanted to highlight how we have been able to help Recruitment companies we have worked with. One of the main issues we have experienced is the issue of Backdoor Hiring. Backdoor hiring- episode 1 This is an issue facing many recruitment […]
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20th June 2022 | by Jenny Esau | News and Advice, Outsourced Collections
Direct Debit can be a great tool for collecting payment from your customers, making it easier for them and ensuring you can receive payment on time. Indemnity claims however can provide a huge risk to businesses using direct debit payments; indemnity claims occur when a customer notifies their bank that an error has been made […]
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13th June 2022 | by Jenny Esau | News and Advice, Toolkit
We’d all agree that writing effective collection letters is a balancing act between ensuring you receive payment in full and maintaining a positive working relationship with your customers. You don’t want your correspondence to end up thrown to one side, added to a stack of unread post, because the seriousness of the matter wasn’t made […]
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5th June 2022 | by Jenny Esau | Consultancy, News and Advice
Credit Management Consultancy can be an extremely useful way to significantly improve the performance of your credit management function. This is dominantly due to the fact that consultancy can be adapted to suit the precise needs of the business, as well as the fact that there is a great dealing of funding available to eligible […]
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30th May 2022 | by Jenny Esau | News and Advice, Training
Deciding whether to invest in a training course that covers improving collection performance and cash flow can be a difficult decision to make, you want to ensure that it will cover what you need to be covered to see a viable outcome that will benefit your business. Here we have compiled a list of pros […]
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24th May 2022 | by Jenny Esau | News and Advice, Outsourced Collections
The decision of whether or not to outsource your credit management function can be tricky if you are unsure of what to expect in terms of return on investment. For the team at CMG UK our answer is always that the pros greatly outweigh any cons, so we have compiled a list of the five […]
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16th May 2022 | by Jenny Esau | Consultancy, News and Advice, Outsourced Collections
Using a credit hold function within your credit management strategy can be a highly effective tool of encouraging payment from your customers. Knowing how to effectively implement the credit hold procedure into your business is vital for its success; I must stress, however, that if you are going to have a credit hold function you […]
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10th May 2022 | by Jenny Esau | News and Advice
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 Hints & Tips to help on Credit Management E-learning webinars let us know: COMMERCIAL CREDIT MANAGEMENT Late payments applying pressure to small firms UK tech incorporations increased by 62% […]
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2nd May 2022 | by Jenny Esau | News and Advice, Training
Who will benefit? Business owners, managers or credit control staff of companies engaging in business to business trade. What the course will cover? Our small claims court course will cover the process and procedures of taking legal action to get outstanding debts paid. We also cover how to react to defended actions and how to […]
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