Tag: credit control

10 tips to improve your credit control process

Credit Control is probably not the task business owners have in mind when starting up a business, but it is necessary to keeping your business healthy and maintaining good cash flow. Have a clearly written payment policy to prevent problems. Have customers sign the agreement, which states when payment is due and what consequences there will […]

Using Direct Debit In Business

Waiting on payments from customers can be one of the biggest pain-points for any small business. UK SMEs are currently chasing over £50 billion worth of late payments, while the average London-based business is waiting on SEVEN payments at any given time. However, it’s not all doom and gloom. There’s one simple change you can make […]

Credit Control

Are you looking to improve your credit control?   Effective and efficient credit control is critical to the success of any business, reducing the wait for payment and improving cash flow. However, not all businesses have the time, resource, or expertise to dedicate to successful credit management.  We all know how difficult it can be to get paid […]