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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 E-learning webinars let us know: COMMERCIAL CREDIT MANAGEMENT Business confidence hits 19-month low Business loans predicted to fall 3.5% in 2023 Cash flow […]
How to retain your customers In order to keep customers happy and ensure repeat business, it’s vital to keep your customer acquisition and retention cycle fresh and updated. How many of the 10 below do you know? Know your sales cycle Do you monitor your busy and quiet periods is there anything you can do […]
Whilst an expensive form of finance, invoice finance can provide an effective solution to cash flow issues for businesses with high cost of sales. However, businesses need to be prepared and well versed in what will be expected when they begin to invoice finance. We assist companies in preparing for invoice finance, and getting the […]
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 […]
Credit management best practice will differ industry to industry and company to company, but there are certain basics to consider when evaluating how effective your credit management function is. Does your credit control team have the right skills and knowledge? Effective credit controllers need to have certain attributes that will vastly enhance the success of […]
As we adjust to the ‘New Normal’ one area that remains constant is that cash remains King! Job losses are being announced daily, the rate of business insolvencies is increasing and will continue at an exponential rate. We all do our best to ride out the predictable economic impact of the global shut down of […]
At Credit Management Group UK we have made the decision to move to new more accessible premises in Bromborough, Wirral. We will also be welcoming two new members to the team over the next few weeks, and our new offices now provide room for additional growth. Over the coming weeks we will be making many […]
The sales function of a business is often seen as one of the most important aspects of a business, and whilst it is vital, many companies I have worked with have focused so much energy on sales that credit management processes have fallen behind. For those businesses experiencing rapid growth, poor credit management can have […]
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 […]