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Credit Management Consultancy

It may be said there two types of businesses: those that employ a formal Credit Manager or credit specialist and those businesses that for any variety of reasons do not. Both types can obtain tremendous benefit and enhanced cash flow with risk mitigation from the consultancy services offered by Collection World Group.

Companies with an In House Credit Manager

In the case of those companies or business that do have an in-house credit specialist we can assist in the following ways:

  • Restructure and upgrade the current credit and collection policy.
  • Reduce Days Sales Outstanding on ledgers.
  • Develop and implement enhanced credit assessment and fraud prevention techniques.
  • Create and implement training programmes in the areas of credit management and collections best practice for current staff.
  • Develop and implement overall credit management programmes and strategies.

Companies without an In House Credit Manager

As a receivables management company, Collection World Group has in place a team of specialists with broad and extensive credit management experience across a variety of industries. Along with systems, technologies and research and development, our company is able to provide services to further increase performance for those companies and businesses that already have a credit specialist or credit management team.

Working with your credit manager, Collection World Group can:

  • Audit and analyse the current credit and collection policy.
  • Assist in maximising the effectiveness of collection strategies.
  • Assist in reducing Days Sales Outstanding.
  • Provide formal training for credit management staff.