Cashflow advice

Monday, 14 September 2009

What can I do about a default on my credit file?

It is standard procedure for a default to remain on a persons credit file for up to five years. by Christine Christian
 

Thursday, 10 September 2009

Will a company's credit rating be adversely affected if a debt collection agency was called in?

This depends on the company to whom the debt is owed and how overdue the debt is. by Christine Christian
 

Tuesday, 21 July 2009

Should the account manager or accounts receivable follow up late payments?

Ultimately, the decision comes down to having a detailed understanding of your customer's business. by Christine Christian
 

Monday, 29 June 2009

What do you do with customers that say their payment terms are 45 days?

Setting and signing clear policies at the start makes all the difference. by Christine Christian
 

Friday, 12 June 2009

How many times should you contact late payers before going to a debt collector?

Rather than thinking about how many times a debtor has been contacted, consider whether the process that has been used is effective. by Christine Christian
 

Thursday, 07 May 2009

Can directors be made personally liable for a business's debt?

Firms can request that the directors of a business sign a director's guarantee. by Christine Christian
 

Thursday, 30 April 2009

What are the issues with charging a penalty fee or interest on late payments?

Before you go ahead and implement a late payment penalty, it is important to ensure that your accounts receivable process is up to scratch. by Christine Christian
 

Friday, 24 April 2009

A debtor says they have no money. What do I do?

The options you have to pursue the debt will cost you money and therefore you must decide whether it is worth pursuing. by Christine Christian
 
Free Daily Newsletter
Please enter a valid email address