All too often, businesses of all sizes, but particularly those with high transaction volumes, fulfil new orders when ledger payments already exceed agreed terms. If unable to pay, the impact of outstanding invoices can be a significant impact to cashflow for many businesses.
Effective implementation of risk managed, yet fair credit-stop policy and process is an important function to maintain (DSO) Days Sales Outstanding at acceptable levels, enhance good customer relations, keep up to date accurate records and ensure that cash continues flowing.
Controlaccount has the ability to make your credit on-stop process interactive with order processing, existing aged debt and the credit rating of your customer (through our Business Support Toolkit).
Contact us today to find out how we can ensure Credit Stop processes can reduce your business exposure - but not impact customer satisfaction
FAQ - Pay a Debt
