Research suggests that UK businesses averagely spend four hours per week chasing up late payments. With a credit control policy in place, you make your debtor management more effective and reduce this chasing time.
If you are using Xero for accounting you are probably already aware of the benefits of using a cloud-based system to take care of company finances. What you may not know is…
Research suggests that 82% of business failures are caused by poor cashflow management. Improve your credit control procedures in six steps.
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