Outsourced credit management
We offer credit management services for businesses throughout the country. Most large companies have a finance team or a team of credit controllers who are responsible for keeping track of debtors. However, processes or people in the team may not be delivering you the targets you are expecting. Having robust credit management processes ensures you are paid quicker, reduces your debtor days and therefore improves cash flow. Bringing in an experienced credit manager to lead your team can make a difference in how you operate and will help you with the strategic growth of your organisation.
What we can do for you
You may want to appoint an outsourced credit manager to fill a gap on an interim basis, while you recruit for a permanent position or if you need an experienced credit manager to lead the team and build processes. You can commission us to work part-time on a retainer basis or full-time for a short-term project. Whether you need support one day a month or need us working full-time for longer, we can develop a flexible credit management package for you.
Who we work with
Our credit managers are experienced in a wide range of industries and will bring experience and expertise that will transform your credit function. We have worked in a wide range of sectors including law firms, logistics, manufacturing, healthcare, branding, telecoms and construction. Being based in Nottingham makes it ideal for us to travel to our clients across the UK.
Our blog – Supporting TVM Fashion Lab – shows how we have worked with one of our clients and the benefits of improving their credit control processes.
Benefits of working with us
We work with you to assess your unique requirements and provide straightforward and transparent advice. Our credit managers will lead and mentor your team, helping to build the skills and abilities to deliver on their targets. Building relationships with customers is key to the success of any business, and we ensure that this is central to your whole team’s way of working.
Some ways in which we can support you are:
- Analyse your current working practices and recommend where improvements can be made. We will then lead the implementation of necessary changes, which should improve your debtor days and therefore improve your cash flow
- Offering leadership and mentoring for credit controllers, sales ledger and billing teams. We will work with new and existing staff to develop best practice. Where required, we will plan induction and training programmes for new and existing staff.
Maintaining good relationships with your customers is at the centre of everything we do.
Professional, proactive credit controlling will identify problems early on and helps to avoid the drain on the bank balance that non-paying customers bring. By helping your credit control department meet its targets, we can improve your cash flow.
Our credit managers are all fully CICM qualified and target driven, they will motivate and inspire your team to transform your credit management processes, to find out more contact Matt Godby directly by calling 0115 875 9505 or email firstname.lastname@example.org