by IngeD | Aug 9, 2018 | Uncategorized
Having a robust Credit Control Policy is essential for every business owner, however large or small. As part of this policy, you will need various Credit Control Process Letters to help you manage your payments. At Credebt we are experts in the field of collecting...
by IngeD | Jun 18, 2018 | blog, Tools
Getting your Invoicing system and Payment Terms right can be key to a healthy cash flow. You need to ensure your customers understand how much they need to pay and when they must settle up. They are more likely to pay you on time if these terms are clearly set out in...
by IngeD | Apr 14, 2018 | blog, Tools
Most businesses give some level of credit to their customers, but before working with any new customer, it is essential that you know whether they are creditworthy or not. A customer that doesn’t pay you (on time), is not one worth having. So before you agree to...
by IngeD | Mar 12, 2018 | blog
DSO Calculator You can work out if your business has overdue debt issues by working out your Days Sales Outstanding (DSO). This is an important indicator of cashflow issues, and when applied regularly can highlight problems before they become too serious. In order to...
by IngeD | Feb 4, 2018 | blog
Many firms have gone under because their owners failed to undertake any type of cashflow forecasting exercise. Instead, they naively assumed that because they had orders in the pipeline and some cash in the bank that there was cash to fulfil and deliver those orders...
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