SERVICE

Consultancy

Succesful credit & collections management is the keystone of your financial administration. If you are in doubt about the functioning of your credit management department, please ask our opinion. Our consultancy focuses on efficiency and potential cost savings

Top 5 credit management pitfalls are:

  1. No structured follow-up of badly paying customers
  2. Incorrect or late invoicing
  3. Contaminated customer administration
  4. Poor complaints management
  5. Long winded procedures for cash received

An intake, a quick scan and a 360 degree audit are standard components of our consutancy. Our recommendations will be summarised in a report accompanied by a face-to-face explanation. In the following situations credit management consultancy might be useful:

> Improved financial results are desired
> Credit management procedures are lacking or not functioning
> Procedures are not wel-coordinated
> Debt write-off’s are too high
> Systems are not working properly or working is insufficiently observed
> (Credit)managers are lacking competence
> You wonder whether you’re working with the right collection partners
> The entire credit management system requires adaptation following a merger or takeover