Fed up of chasing for late payments? Four in ten businesses in the UK are affected by late payments, which can put stress on your cashflow. If your money is in your customers bank account and not yours it can’t pay your bills, give you a salary or give you the means to grow your business.
We offer a range of services to manage the risk to your cash when you give your customers time to pay, and help you get paid on time. Do you have all of the following in place:
A credit risk policy.
A due diligence process for checking if your prospective and existing customers are willing and able to pay you.
Terms and conditions that have been reviewed in the last 12 months.
Structured and documented processes for managing invoice production, disputes and credit control.
Reporting to monitor the effectiveness of your credit management processes.
These are the essential tools for minimising late payments and bad debts.
Would you like to be less stressed about how you're going to pay the bills, spend less time chasing overdue debts and spend more time growing your business?
We can help with your ad-hoc requirements or provide ongoing support.