Credit Control Solutions

Useful Tips

Debt Management Companies: Are they Right for you?

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In the current economic climate, more and more people are finding themselves in debt and are turning to Debt Management Companies to help them out.

Typically, Debt Management Companies will ask you to complete an application from along with a questionnaire. Depending on your responses, they will suggest a Debt Management Plan that is suitable for you.

Free Credit Control Resources: Google

• You’ve no doubt heard the saying “You can run, but you can’t hide” This saying is more true today in credit control & debt collection terms than it has ever been.

I will give you 2 recent examples that I have personally experienced that will reinforce how great Google is as a free credit control/debt collection resource.

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Testimonials

Nick Williams, Printing.com - Cheadle & Warrington

We started work with Printing.com - Cheadle on 6th June 2008 and in just over 3 weeks we have had a dramatic effect on their debtors:

The value of debt over 120 days old has reduced by a massive 82%. Across the ageing profile we have unlocked a huge amount of cash back into their cash flow. This has reduced their lending/borrowing requirements.

We achieved this without ruining their relationships with their customers.

Below is what Nick has to say about our service:

From: Nick Williams
Sent: 30 June 2008 12:02
To: Jamie O'Connell
Subject: Outsourced Credit Control

Jamie,

I have seen quite a few payments coming through so I am very happy with that.

I like the fact that you have just got on with it and it has been no effort on our part though, brilliant!

Regards,

Nick Williams
Managing Director
Printing.com - Cheadle
www.cheadle-printing.com
www.warrington-printing.com

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Testimonials

Re: Outsourced Credit Control & Debt Recovery
The effect of using CCS to our business was a measurable and almost immediate improvement to our cash flow; accompanied by a marked reduction in the time we were spending chasing debtors. Outsourcing our credit control to CCS has undoubtedly been a benefit to us.