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.
Research suggests that 82% of business failures are caused by poor cashflow management. Improve your credit control procedures in six steps.
Whether they realise it or not, most businesses engage in some form of credit control. Brush up on the basics and read our three minute refresher.
How much time, and therefore money, are you or your clients wasting per day still doing things manually? Sound familiar? Then maybe it’s time to upgrade.
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57 Broadwick Street, London W1F 9QS
© 2022 Fluidly Ltd is registered in England and Wales under Company Registration number 10402874. We are Authorised and Regulated by the Financial Conduct Authority as a Credit Broker under the firm reference number 844093 and as an Account Information Services Provider under the firm reference number 791669. Please note we are a credit broker and NOT a lender. Fluidly is ISO 27001 certified. Fluidly is registered at 57 Broadwick Street, London, W1F 9QS