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News and Advice

Get Paid Faster With These Six Credit Management Tricks

get paid faster

Getting paid on time is an ideal situation for any business that offers credit to their customers; but unfortunately this is not the case for many businesses throughout the UK. Late payment can, at times, be done in all innocence but others will provide spurious excuses as to why you have not received payment, or […]

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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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Recruitment Backdoor hiring- episode 1

Are you looking for Credit Management Recruitment Support? Back door hiring effects many recruitment firms. This is where an employer takes on a candidate that you have introduced, without telling you, in an attempt to avoid paying the agreed fee Backdoor hires like this can happen if you have sent a CV with the candidates’ […]

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Top Tricks for Writing Effective Collection Letters

Effective collection letters

Collection letters can be an extremely useful tool to collect payment, as they tend to carry more weight than emails alone. The key to a successful outcome is in writing effective collection letters that make your customers take notice. The tricks for effective collection letters: Letters should be incorporated into structured collections strategy You will […]

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How to Incorporate Credit Risk Management in Business

credit risk management in business

When budding entrepreneurs decide to be the next Mark Zuckerberg, dreaming of creating a vast business empire and billions in sales, the last thing they usually think about is the financial risk to their business and to them personally. Some may find the thought of managing financial risk daunting, but it should be straight forward. […]

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How to improve your Cashflow by using credit management tools

Credit Management Tools

Using the credit management tools available to you effectively can greatly increase your chances of getting paid more quickly.  Making small changes to your collection strategy to incorporate all tools at your disposal can make a big impact on your collection performance. Improving your use of credit management tools Invoice Ensure that your invoices: Are […]

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