Call us: 03332 413 203 | E-mail: contact@cmgroupuk.com
Having an effective credit management function is vital to any business in maintaining and improving cash flow, as well as reducing a business’ risk to bad debt. There are many different elements to credit management that will all play a role in how effective it is, here are a few tips on how to improve […]
Welcome to our January Credit Management News blog. 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 Regional distribution of business loans revealed Government announces prompt payment […]
Welcome to our November Credit Management News blog. We have given you snippets of the latest topics that we hope are of interest to you and provide information to help with your business. If there is anything you would like to see more of in our round ups from more Credit Management News to help […]
Welcome to the 3rd of our series of blogs to help you improve your ‘Order to Cash’ process in a practical way and reduce the negative effects of the pandemic on businesses. See the previous blogs by clicking on the below links: Assessing Credit Risk Collection strategies We continue to look at the elements that […]
Welcome to the 2nd of our series of blogs to help you improve your ‘Order to Cash’ process in a practical way and reduce the negative effects of the pandemic on businesses. To review our 1st blog in the series ‘Assessing Credit Risk’ click here. We continue to look at the elements that make up […]
Latest Credit Management News The impact of COVID19 has been significant in terms of credit management affecting all businesses and individuals alike. Many businesses have reported an increase in payment terms month on month. Recent data supplied by Creditsafe has shown that this may be on the road to recovery with Days beyond terms being […]
During 2018 we wanted to run a series of blogs that added value to your business. Our Commercial Credit Management factsheets can enable you to manage and run your Credit Management function better by implementing new processes and procedures. Our factsheets cover all aspects from onboarding of a new client to debt collection and even […]
It is always good to know the process that would be taken against you as well as knowing this process for if you ever needed to implement it yourself. As a credit management company, we spend the majority of our time helping companies to follow a structured credit management process in order to get invoices […]
Late payment and poor payment practices continue to be an enormous burden on UK businesses. For the recruitment industry, particularly recruiters that deal with temporary placements, it is essential that cash flow is maintained; late or non-payment can have a significant impact on the cash flow of a business which can result in additional costs […]
Welcome to our February Credit Management News blog. We have given you snippets of the latest topics that we hope are of interest to you and provide information to help with your business. If there is anything you would like to see more of in our round ups from more Credit Management News to help […]