Credit Control
Credit Control
At SMH Chartered Accountants we offer a range of services to help businesses manage their cash flow and improve their processes.
What is Credit Control?
it is the process of managing your business’s cash flow by monitoring and collecting payments from customers who owe you money. It involves setting credit limits, checking creditworthiness, issuing invoices, and following up with customers to ensure timely payment.
Why do you need Credit Control Services?
Effective control is essential for managing your business’s cash flow and avoiding cash flow problems that can lead to financial difficulties. By implementing effective processes, you can reduce the risk of bad debts, improve cash flow, and ensure that your business has the funds it needs to operate.
How can we help?
Our team of experienced credit controllers provides a range of services to help you improve your credit control processes, including:
- Review: We review your current credit control processes to identify areas for improvement and recommend best practices for managing your debtor days and cash flow.
- Training: We provide training to help you and your staff understand best practices and how to implement effective credit control processes.
- Support: We provide ongoing support to help you manage your processes, including monitoring your debtor days, issuing invoices, and following up with customers to ensure timely payment.
- Debt recovery: We can help you recover unpaid debts and minimize bad debts by following up with customers and taking appropriate legal action if necessary.
Why choose our Services?
Our team has the expertise to help you improve your processes and manage your cash flow effectively. We understand the importance of timely and accurate invoicing, effective debtor management, and prompt debt recovery. By choosing our Credit Control Services, you can be confident that you have the support you need to improve your cash flow and reduce the risk of bad debts.
Contact the SMH Chartered Accountants team on info@smh.group or 0114 266 4432 to learn more about Credit Control and how we can help you.
