Debtors Management

Debtors and creditors are the key to business success. It is important because it represent business sales and ability to pay business bill on times.

Even though you are doing exceptionally good in terms of generating sales, but you are not good in collecting money from your debtors than it will result into higher bad debt which will eventually cost you your business. Because with significant higher bad debt you cannot survive in business.

When it comes to Debtors management, we can help you to decide best debtor’s management procedures and policy based on your business nature and goals. Below is sample example of debtor’s management plan, procedures and policy.

• Creating of accounts receivable department of your company with separate email and contact phone number
• Invoice review (review of invoice terms -to assess whether it protect business interest or not)
• Periodic reconciliation of debtor list (to send overdue reminder and identify non-paying client)
• Recovery action
• Recognition of Bad debt

We might be best option to small business owner, whom cannot Offord their own accountant to manage the debtor’s due to cost; we can help them on very affordable price.

Hence, if you believe you need expert advice or management to manage your debtors. Please feel free to talk with us for no-obligation meeting with our expert.

Creditor Management

Creditor invoice payment management is also key to business success. Non-payment of business bill on time may cost business additional cost in terms interest and penalty.

With more than 10 years of expertise we can manage your creditors exclusively on your behalf. Based on your business needs we can decide your bills payment procedures and policy including payment date. Below is the sample creditor management procedures and policy; –

• Creating of accounts payable department of your company with separate email and contact phone number
• Review of Supplier invoice terms and re-negotiate the term as required
• Preparation of payment list along with invoice -in order to pay creditors on pay date.
• Managing all the queries form supplier re; invoice and payment
• Managing payment extension, interest deduction or remission request
• We can also manage the payment from business bank account-if required by you

We might be best option to small business owner, whom cannot Offord their own accountant to manage the creditors due to cost; we can help them on very affordable price.

Hence, if you believe you need expert advice or management to manage your creditors. Please feel free to talk with us for no-obligation meeting with our expert.