Unpaid Invoices Can Be Categorised into Three Main Groups  Can’t Pay/Cash Flow Constraints Won’t Pay Valid Reason Not to Pay/Disputes/Cash Flow Cons [...]

Credit terms are an excellent way of increasing sales, essentially it is “buy now pay later” consumers love this approach and our commercial busines [...]

When the construction VAT reverse charge ruling comes into place on the 1st of October 2019, UK construction companies need to be prepared or there [...]

Credit control is exactly that; the control of the credit you offer a customer and the managing of it. Just like landscape, the foundations stay the [...]

http://www.promptpaymentcode.org.uk/ https://www.linkedin.com/pulse/some-serious-food-thought-those-who-name-shame-do-anita-pickersgill/ As a member [...]

You may be an employer or perhaps a recruitment agency. If so there is every chance that you may have overpaid an employee at some time. You could h [...]

Cheques!! Yes, there are still several businesses (not all of them small) that make payment by cheque, the reasons for this are abundantly clear, th [...]

Key Facts Individuals are adjudged bankrupt or into individual voluntary arrangements (IVA) or if a partner in a business possibly into a partnershi [...]

There can be little doubt that a collective of industry data is of benefit. Monitoring of insolvency trends, average payment days, invoice values, b [...]

A recovery specialist will have all these as part of their collection armory, but do you? 1: Ability to pay There is little point in spending furthe [...]

Patience A good debt recovery professional cannot perform without patience, why is that? Debtors often avoid the problems they are experiencing. The [...]

Five things in no particular order: Use a cash flow chart on a 13 week cycle, this will help you see whats going in and out of your business. This h [...]