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News and Advice

Our top tips for managing business cash flow effectively

improve cash flow

Managing business cash flow effectively is essential to the survival of any business, many things will count towards positive cash flow, here I will be focusing on the credit management aspect of managing cash flow. Credit check prospective customers A prospective customer may appear to be an attractive business prospect during your initial talks, however […]

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4 tips to use when chasing customers for payment

chase for payment effectively

  Chasing customers for payment can be a frustrating task, especially if you aren’t getting the answers you are looking for (i.e. a definitive date for payment); there are a few things you can do, however, that will provide you with a structured chasing strategy and therefore have more chance of success. Use a mix […]

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Bringing the Current Court System up to the 21st Century

digitisation of the 21st century

We have recently seen an article detailing the new plans for bringing the current court system up to the 21st century. The main points of the article highlight the need to enable people to do as much digitally as possible. This will not only free up time of the court itself but prove much more […]

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The Impact of Late payment

  Related Posts Government Issues Proposal for Plans to Challenge … 5 Top Tips for Effective B2B Credit Control What Factors can Impact your Commercial Debt Recov…

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Tips for Effective Credit Control

Credit Management Due Diligence

  Having an effective credit control function will hugely impact growth for any business. Many business expend a lot of energy into ensuring their sales function is in excellent shape but fail to recognise the importance the credit control has. Here are some of our tips for ensuring your business’ credit control is effective: Identify […]

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June’s Frequent Credit Management Questions

June’s Frequent Credit Management Questions

June’s Frequent Credit Management Questions What are pre-action protocols? Pre-action protocols refer to the tasks you must carry out prior to beginning court action. Courts want you to evidence that you have made every attempt to resolve the issue prior to commencing court action; without this there may be a penalties. Therefore, you must ensure […]

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Pre Action Protocol for Debt claims 1st October 2017

Pre Action Protocol for Debt claims 1st October 2017

Latest Industry news update from Credit Management Group UK At Credit Management Group UK we are keen to keep you up to date with any changes in the industry that we think might affect you and the way in which your credit function works. There has been a recent announcement from the Ministry of Justice […]

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Commercial Credit Industry Roundup

Industry Round Up

One of the new things we thought we would bring you this month is an industry round up of the news we think will be useful to you. A lot of what we blog about is us and our thoughts on how things should be done. It’s always nice to share news that is already […]

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In House Credit Management Training

In House Credit Management Training

In house training is one of the best ways to get all your employees trained in one session with course content that is specific to you. You are able to bespoke the length of time and content to get the best results for your money. With courses being held at your premises you can also […]

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