You may have excellent products or provide award winning services but if customers are delaying payments you may not survive. Poor cash flow can lead to insolvency.
Credit control starts with credit checking, processing of orders, setting credit limits. agreeing payment terms before you open the account. Then prompt accurate invoicing once the goods are delivered or service provided. Then you collect your money with a well organised collection procedure and knowing how to chase overdue accounts.
PW Credit services will spend a day or two with you setting up or reviewing procedures at every stage in the cycle. A written report will be provided with recommendations on how to inprove collection rates. Follow up visits can then be agreed to include some staff training and resulting in an agreed credit policy for your company.
Contact us now. Another day is another delay.
