credit control

ENSURE YOU GET PAID

Up-to-date CREDIT CONTROL – the ESSENTIALS.

One of the biggest fallacies in business is that Credit Control is about chasing people for monies owed and how to do it. To a certain limited extent that’s correct, however Credit Control is much more than chasing debt ; it’s about business growth and profit maximisation.

So why do I still see businesses:

  • emphasise and prioritise Sales Growth over Getting Paid
  • absolve and excuse Salespeople from Credit Control & Cash Collection
  • omit or ignore written Credit Policies & Procedures
  • ignore Early Warning Signs of financial distress

 

The alternative is a Proactive Credit Management where businesses don’t just:

  • chase debt – they prevent late and non payments in the first place
  • collect cash – they build sustainable business relationships
  • reduce risk – they ensure that sales teams succeed in better deals
  • manage overheads – they drive profits

 

Can you answer positively the following questions?

Do you:

  • have clearly written Credit Policy, Terms of Business and Procedures in place?
  • have Signed Agreements of your terms of business including Payment Terms?
  • check status and credit reports of existing and potential customers & Set Credit Limits?
  • have a working Query Management system in place to handle invoicing disputes?
  • pay sales commission based on Sales or Sales Receipts?

 

YOU ARE INVITED.

As part of the Bridge Enterprise Centres’ SME Training Programme the next practical,  session is designed specifically for SME owners, managers and Credit staff who want to maximise Business Success with effective CREDIT CONTROL STRATEGIES and create a business where Sales become Cash, rather than Cash Collection Headaches.

Join us for a practical in-person session designed to help you.

Who is it for?

SME owners, business leaders and Credit Management staff to reduce owner dependency, improve control and create a stronger platform for sustainable growth.

MORNING SESSION.    PRACTICAL PROCEDURES YOU CAN PUT TO WORK IMMEDIATELY.

📍 In person  ⏱️ 3.5 hours   🎯 For SME Owners

29th September | 9am to 12.30pm | Bridge Enterprise Centres, Nutgrove.

Reserve your place HERE.

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