This follows the raising of invoices to customers and ends with the receipt of a cheque or BACS in settlement of invoices raised. Good for business cash flow!
This requires a very specialist skill set that follows the 'firm but fair' negotiation with your customers. All bills raised should be settled by your customers on or before their due date. If this does happen, there will be no need for credit control unless this activity ensures this does happen by ensuring, for example, that your invoice has been passed for payment as required.
A prerequisite for efficient credit control is:
The 'firm but fair' approach ensures good customer relationships with efficient debt collection. It requires the credit controller to see through excuses and manage round them!
Free yourself from business administration by passing these tasks to specialists! Do you find yourself performing these and other business administration tasks in your spare time, in your family
time and therefore probably at weekends?
Are these your least favourite tasks?
Full end to end billing cycle including credit control to ensure all bills are raised on a timely basis with the correct details to ensure prompt payment. Manage customer prompt payments through a fully managed credit control service.