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• 02 Aug

  Credit Control Agency

  Credit Control Agency

  One of the credit control agencies that we work with has been able to provide some first-class credit control support to one of our clients, who needed help getting their unpaid invoices collected in. The agency took over the collection of the invoices from customers and they have improved the speed with which they are paid, reducing our client's debt turn. So they have a good track record of working with us.

  Large Companies

  The agency has just told us that they have agreed to a credit control agency contract with a multi-million-pound turnover business, based in the UK, but which also has an operations centre in Europe.

  Our partners have a team of credit controllers who are multi-linguistic. They were able to visit this particular client, in Europe at very short notice, to review the ledgers. They have agreed to bring them in-house and take over the function of this large organisation. They will be carrying out the credit control in respect of the customers, who are based across Europe. No doubt their language skills will come into play in collecting from debtors across various parts of Europe.

  Significant cost savings can be achieved by using part of the time of an external team of credit control staff, rather than having to employ a team in-house. It also avoids having an employment responsibility for the staff undertaking this function.

  Our partners are actively looking for more large organisations who are looking to outsource their credit control function, whether in the UK, Europe or even further afield. If you would like help from a credit control agency, with a proven record, please contact us and we will put you in touch.

  Other Credit Control Resources

  If you want to handle your own credit control we have a free credit control guide that might be helpful.

  Even if you are a small business looking for some help, we have partners that will be able to provide you with a cost-effective service, to save you having to do the work yourself or having to employ a credit controller.

  By Glenn Blackman