Obtaining finance can be a real challenge, especially during tough economic times. Whether dealing with banks, looking for an Angel Investor, or exploring invoice finance and other funding sources, finance providers consistently focus on one thing: the businesses day-to-day financial management. A robust credit control process is the clearest way for a business to demonstrate […]
A credit controller’s job is to make sure customers pay their invoices on time, assess how much credit a customer should be given, chase overdue payments, and deal with any payment issues along the way. It’s a role that takes a good mix of people skills, financial knowledge, and the ability to stay calm
What Does a Credit Controller Actually Do? Read More »
The Intricacies of Credit Control: A Journey from Accidental Discovery to Passionate Advocacy In the world of finance, credit control and credit management are critical yet often underappreciated disciplines. Kevin Arlett’s journey into this field was not one of deliberate choice but rather a serendipitous stumble, a narrative not uncommon among professionals in this sector.
In Conversation With Kevin Artlett Read More »
In a recent conversation with a client about the kind of ‘pain points’ they experience in day-to-day business they highlighted their frustration at not being paid on time by some clients. Probing this issue further, they went on to say that the problem was not always a case of not being able to speak with
A GENUINE QUERY OR JUST AN EXCUSE FOR NON-PAYMENT? Read More »
A fascinating chat with Anita Pickersgill about her journey into credit control and debt collection. The Unconventional Path to Credit Control: Anita Pickersgill’s Journey Anita Pickersgill’s career trajectory into the world of credit control and debt collection is a testament to the unpredictable nature of professional life. Her story begins with the challenges faced during
In Conversation with Anita Pickersgill Read More »
There has been much discussion recently in credit industry events and forums I have attended about tell-tale signs to look out for if any of your customers are experiencing financial problems, which will ultimately impact payment of your invoices. It is vital not to overlook these as if you delay taking appropriate action you may
Red Flags In Credit Control Read More »
In the last edition, I referred to the sales invoice, and the main focus in this column will be to examine the importance and purpose of the invoice and to look at ways in which the design and content says something about your business. First and foremost, the invoice is a vital legal document. For
The adage Prevention is better than Cure equally applies in the world of Debt Recovery. If you do not have access or wish to incur the costs of a Credit Risk company such as Experian use some free or cheap on-line resources to establish the financial veracity of your potential customers and clients.
Practical Debt Recovery and Credit Control Tips and Hints Read More »
