From £15.00 per hour Business Class Financials' Credit Control and Cashflow department ensures your invoices are paid on time, every time, helping cash flow into your business and avoiding expensive overdrafts and bank loans.
Credit Control
Do you need a Friendly Revenue Hero?
Have you got a customer that won’t pay? Got better things to do than spend your time chasing them, but don’t like to feel you are being taken for a ride?
We know how important it is for you to keep a good relationship with your clients. Getting the money you are owed shouldn’t rid you of a customer, so we act on behalf of you to give them a friendly reminder of their outstanding invoices. You get a professional service with a high level of success, and your client has an open line of communication to resolve any queries.
Acting on your behalf. If you are spending time worrying about being paid by your suppliers, you’re spending time chasing invoices, or are struggling to forecast your cash flow, then please do get in touch.
Cashflow problems?
How much money are you owed by Customers? Have you checked your overdue invoices lately? Every pound that your customer hangs onto for longer that the agreed payment terms is a pound that is not working for you, a missed opportunity to expand your business. Worse still, explaining to your suppliers why you can’t pay them or incurring bank charges. The longer the debt remains unpaid the more difficult it becomes to collect and the greater the risk to your business for bad debt.
What is a credit controller and what do they do?
The credit controller is responsible for managing the debts of a business. They are accountable for recovering any unpaid money.
An effective credit control system is adopted by businesses to ensure that customers who purchase on payment terms have the ability to pay back on time, and once a sale is made the system makes sure that any delayed payments are collected promptly without significant issues that is owed to an organisation from other businesses.
Credit Management
Credit Control is the system used by a business to make certain that it gives credit only to customers who are able to pay, and that customers pay on time. It is a critical part of a well-managed business that will help reduce bad debts and improve the cash flow in your business.
Effective Credit Management serves to prevent late payment or non-payment. Getting it right reinforces the company’s financial or liquidity position, making it a critical component in any business.
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