Remember credit is money
- Benjamin Franklin
CMS Consultancy is a formalised conversation, at the end of which, you will have a clear idea of how utilising the credit process can add strength to your business.
What do you want to achieve?
- Improved cash flow?
- Reduction in your sales ledger balance/ days sales outstanding?
- A structure to your credit control process?
- Formal checks and credit worthiness assessments on your customers?
How can we enable you to meet your goal?
- Review your existing procedures and recommend the best way forward,
- Create a bespoke Credit Policy,
- Integrate the revised process into your business,
- Professional guidance on the credit function which is a key part of any business.
At times of change within your company you may need;
- Support in delivering a programme of change e.g. mergers or new IT package,
- Training for your staff,
- Advice on how to manage specific overdue accounts,
- Guiding through overseas trading through Letters of Credit,
- Assistance when recruiting credit control/ sales ledger staff.
Mentoring
- From time to time the people responsible for credit management, within your organisation, may benefit from having someone to call on who can give guidance on niggling issues, to share ideas or discuss a specific issue. If you don't have a credit manager in house, CMS can provide expert advice and support.
