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Our unique dedicated credit management services"Late payment of invoices is a complex issue but in simple terms an invoice that is not paid on time can spell the end for a small business" - a strong message spelled out by John Walker, National Policy Chairman, Federation of Small Businesses.
But what, in practice, can a small to medium company do, particularly when dealing with large on-going customers?
In fact, there is a solution from QueryManagement, the proactive credit control specialists. Query Managment is dedicated to providing a whole range of professional business support focused singlemindedly on credit management. Dedicated credit managament services because that is all we do. An outsourced range of services that is constantly measured for success, easily budgeted and very, very cost effective.
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News Items
SHARP RISE IN THE NUMBER OF CORPORATE INSOLVENCIES
STATISTICS RELEASED - 4001 INSOLVENCIES IN THE 3Q08
There were 4001 compulsory liquidations and creditor's voluntary liquidations in total in England and Wales in the third quarter of 2008. This was an increase of 10.5% on ther previous quarter and an increase of 26.3% on the same period last year. Government Insolvency Service - Nov 08
Small businesses in particular are feeling the brunt with 280 going bust every week according to the Federation of Small Businesses. Late Payment Legislation
The UK was one of the first countries in the EU to introduce legislation to promote a culture of prompt payment. That was in 1998.Since then, in August 2002, provisions have been extended. more.... EXCUSES OF THE MONTH
Could you please call back later as the lady who arranges payments is having a coughing fit at the moment!
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