Sunday, December 16, 2007

The Credit Agency: A Guide to Credit Management, Debt Collection, Outsourcing, UK Credit Reports for Business

Sales Ledger Management and Credit Management Department Outsourcing - Getting to Grips With it and Learning the Do's and Dont's from www.thecreditagency.co.uk





How many businesses can say that all of their invoices are paid on or before their due date, and they have no bad debts? Statistics say, very few. The likelihood is that your business, too, is losing out on the benefits of higher levels of working capital.





When any business examines their longstanding or ‘aged' debt reports, one of the first things they look at is the bad debt, and, in particular, debt over 90 days old. These are generally considered to be the areas of concern, and so they are naturally the accounts that are first chased for collection. Chasing the o View the rest of this article


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