Credit Control Guide

Reassurance for your business with a comprehensive guide to managing your debtors and cash flow
 
One in four businesses are declared insolvent due to late payment of invoices … can you afford not to take control of your debtors?

We can provide you with step-by-step guidance on your credit control procedures, from invoicing and terms and conditions to managing debt and taking legal action. It's all contained within our comprehensive Credit Control Guide, developed to give you peace of mind with managing your debtors and cash flow.
 
Main benefits to members
  • Provides reassurance that you and your business are following the best practice procedures when it comes to managing your cash flow and your debtors
  • Brings together everything you need to know about credit control in one easy-to-understand guide
  • Saves you time searching for and understanding the best practice processes
  • Gives you the tools you need to manage your finances and minimise the effects of late payment on your business
  • Saves you money by providing free customisable templates for use in your own business.
Additional benefits
  • Up-to-date credit control advice written in plain English
  • Comes with 15 free customisable credit control templates, including sample terms and conditions of contract, credit account statement, order confirmation, purchase order, delivery note, invoice, first reminder letter, final demand letter and others, for you to personalise and use with your customers
  • Tools, tips and guidance on managing your cash flow and minimising late payments
  • Guide is available online only and features an easy-to-use search tool functionality for quick access to information.
The Credit Control Guide covers the following aspects
  • Impact of late payment to your business, including an online calculator
  • How to assess potential customers' payment reliability, set up credit accounts, and terms and conditions
  • Debt management measures you can take to ensure your debts are paid
  • External agencies you can engage to help you collect outstanding debts
  • Taking legal action - what you need to consider
  • Factoring and invoice discounting, the pros and cons, plus how the process works
  • Contact details for organisations you may find useful in helping to manage your cash flow.

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INTRODUCTORY
INTERMEDIATE
ADVANCED
Comprehensive Credit Control Guide (online)

 
 
Note: You must be logged in as a member to view the online Guide. Click here to find out more about logging in to the website or call us on 0845 130 1722.
 
If you aren't yet a member of the Forum, you can read a sample chapter on managing debt or sign up for membership now.
 
Members can login here.