How long has it been since you reviewed your Credit Application?
Do you have any Agreements in place at all, or do you trade on a hand-shake?
I can review your current receivables documentation, or draft new documents to ensure they comply with all Industry requirements.
Review of Receivables documentation:
- Credit Applications
- Invoices
- Statements
- Terms and Conditions of Trade
- Personal Guarantees
Review or implementation of Policies and Procedures.
- Risk assessment covers expectations for both internal and external business Parties
- A Policy Manual for Credit Control is a reference tool for relevant personnel to adopt agreed processes.
- A Policy ensures consistency with all credit decisions
- A Policy can be adapted regularly to change with markets or economic situations.
- A Policy should be communicated to all sales departments and senior management.
