Proactive Credit Management

Take control of your cash flow

Do you know what payments you'll receive next week?

If your forecasts are based on wishful thinking rather than accurate information, business planning is almost impossible.  Our credit management clients get regular and reliable reports that show them what to expect and when, so they can make sound spending decisions.

How it works 

QML process is simple and forthright.

• Our job is to get your money in earlier and reduce the risk of bad debt.
• We take on your sales ledger, and follow a structured, best practice approach to contacting customers and ensuring prompt, regular payments.
• We recognise the need for personal contact, so we will call your customer to confirm that the invoice has been received, is addressed correctly and checked for queries
• If we are unable to resolve the query we will raise this with you
• We understand that debtors are customers.  We talk to them as you would at any other part of the sales cycle, working always to keep them as your loyal customers.
• This process can be done in Query Management's name or your own name - either way, your confidentiality is respected
• A report will be prepared for you, showing the up-to-date status of your accounts and what payments you can expect to receive next week.
• There may be peaks and troughs, cover may be needed during holiday, sickness and maternity leave - we will handle that for you
• Tact and discretion will be employed at all times along with ongoing monitoring - you will be fully informed
• You'll start to see payments coming in regularly and on time, giving you both the reassurance that you can pay your own bills and the confidence to fund plans and developments to move your business forward.

If your client defaults you will then decide what the next steps will be. We will assist in this area with dunning letters/debt recovery and legal follow up if needed.In a few short months you will see the improvements in terms of cash in the bank, improved cash flow and reduced days sales overdue. 

Why not give us a call to assess your business? You may be surprised by how much we can do.
01625 878 198