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10 Common Mistakes Made in Commercial Credit Management

Commercial Credit Management

Throughout my years in commercial credit management, I have identified several mistakes that companies make within their order to cash process; mistakes that are often very small and easily fixed; make enough of them, however, and you could find your cash flow isn’t flowing the way you would like it to. Mistakes in Commercial Credit […]

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Client seal of approval on our low-cost credit management support service.

Credit Management support

Simon Albert -PC Support Group We have subscribed to CMG UK’s support service for many years. Although we manage our credit control in-house, CMG’s advice has been invaluable in supporting our team. They have expertly guided us on credit risk assessment, effective debt collection strategies, negotiation tactics for resolving spurious disputes, court processes, and the […]

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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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Do you know how to get paid in construction?

extended payment terms

CMG UK have a strong background in construction and many of our clients work in this sector. We often find they have issues getting paid so we have put together a new course designed specifically at this sector. “How to get paid in construction“ Many of our clients are classed as a subcontractor by their […]

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Are your Collection Letters Effective?

Effective collection letters

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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Struggling to get paid? Our training courses can help!

Struggling to get paid? Our traning courses can help!

**Last chance for February Courses** Collection Performance £130 + vat per person Running W/c 12th May 2025 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. Enquire […]

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What should be included in invoices you send, to ensure quick payment?

Late Payments of Commercial Debts Regulations 2013

When thinking about invoice preparation you should always try to include the items below. This will leave no un-answered questions and should ensure swift payment.  Label the document as – Invoice Identify the document with the word ‘invoice’ this will differentiate it from any other correspondence like a credit note or receipt. Addresses Ensure your […]

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