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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 Businesses’ confidence remains steady despite rising price concerns Businesses braced for insolvency storm […]
Our Improving Cash Flow courses are beneficial to those new to collections, with no formal training, or to those who view the course as a refresher in credit control, wishing to improve and develop their collection techniques. What the course will cover? We can improve your company’s cash flow by training delegates on collection cycle […]
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 Fifth of business owners identify late payments as key barrier for growth Restaurant insolvencies rise by 31% […]
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 […]
It is a wide spread misconception that credit management is solely based around the collection of overdue invoices, when in fact the scope of effective credit management encompasses the entire process from order to payment. Anything that happens before payment is received can impact a company’s ability to get paid. To reduce your risk of […]
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 […]