15 Ways To Improve Your Credit Control Timeline
Making sure your business receives the money it’s owed on time and in full begins before an order is even placed, something too many businesses are failing to realise. That’s why a co-ordinated and professional credit control procedure is so vital.
It’s not enough to just have this in place, it’s increasingly important to regularly review your credit control strategy to establish where your process is falling short and what improvements can be made. Are you failing to establish relationships at the beginning of the procedure? Or is it once the debt is overdue you fail to adequately chase the customer?
Download our credit control timeline, based on 30 day credit terms, which offers 15 ways to strengthen and improve your credit control process to help your business combat late payment and get paid on time.