News and Advice
16th January 2024 | by Jenny Esau | News and Advice, Support
Debtors Guide Q & A Where the Act is to be enforced Why the ACT? The legislation fulfils the UK’s obligations under the European Directive on combating late payment of commercial transactions. The UK was one of the first countries in the EU to implement late payment legislation and maintains this legislation after Brexit. The […]
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8th January 2024 | by Jenny Esau | News and Advice, Support
Do you find it difficult to get paid on time? Have you ever had to write of a bad debt? Have you ever put off taking action on a debt, due to uncertainty? If your answer if yes to any of the above questions then you may find that, if not addresses appropriately, issues can […]
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3rd January 2024 | by Jenny Esau | Debt Recovery, News and Advice
During your years in business you are likely to come to a time when you need to make a claim against someone for non-payment. There are a number of things you can do to make sure the process runs smoothly and ensuring that you are suing the correct person is one of the most important […]
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27th December 2023 | by Jenny Esau | CMG UK News, News and Advice
Here are our frequently asked credit management questions for December. How can I prepare for confidential invoice finance? Confidential invoice finance providers will want to see that your credit management processes and procedures are clear and appropriate for the business, as this will pose less risk for them in offering you finance. An effective collection strategy is […]
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18th December 2023 | by Jenny Esau | News and Advice, Outsourced Collections
Over the Christmas period many businesses experience a slow-down in their work, with some closing down for an entire week, inevitably cash flow will be impacted to some extent. As a result of this many businesses will return fully to work at the beginning of January in a panic to kick-start their cash flow again […]
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11th December 2023 | by Jenny Esau | News and Advice, Toolkit
The Christmas period signals a slow-down for many UK businesses; Christmas excitement takes over and the majority of businesses close during part or all of Christmas and New Year celebrations. In order for businesses to maintain cash flow during this time, they must have an effective action plan in place to ensure the highest possible […]
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6th December 2023 | by Jenny Esau | Consultancy, News and Advice
Making resolutions for your business can be a great way to start off the New Year, however in order to ensure you stick with the resolutions you firstly need to understand how you can bring them to fruition. Many business owners and managers will make the resolution to improve cash flow in the business during […]
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28th November 2023 | by Jenny Esau | Industry News, News and Advice
With Christmas creeping up on us the last few weeks in December are crucial to ensuring that this is no different to any other month for your Cashflow. This time of year is often a time when businesses wind down and start to think of the new year. Typically seasonal illness starts to kick in […]
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23rd November 2023 | by Jenny Esau | News and Advice, Toolkit
Understanding how to chase for payment effectively will vary depending on your customer type and payment history. You may have customers that pay you at the same time each month with very little encouragement from you, on the other end of the scale you may also have customers that will delay payment on a continual […]
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14th November 2023 | by Jenny Esau | CMG UK News, News and Advice, Training
We have 3 live online training events that will help improve your credit management function. Collection Performance £130 + vat per person Running W/c 4th March 2024W/c 24th June 2024W/c 14th October 2024 Start time will be 2pm Our Improving Cash Flow courses are beneficial to those new to collections, with no formal training, or to […]
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