Sales Ledger Outsourcing

Small and medium sized companies often find it hard to justify the cost of employing a credit control specialist on a full time basis for the purpose of monitoring their credit control functions.

firstfactoruk.com Independent business finance consultants.

For this reason we can assess your requirement and recommend an outsource credit control service which can be provided as disclosed or undisclosed. You need not outsource your whole ledger for collection, you may decide which areas if outsourced would save you time and money, it may be that you only require our business credit report or debt collection service and not a full credit control service. We can assess your needs.

With outsourced credit control service you benefit from:

The provision of specialist, experienced credit control staff
Your credit control covered all year round
Establishment of an effective credit policy
Proven credit control procedures
Transfer to our business debt collection service, if required
A reduction in your Days Sales Outstanding (D.S.O.)
Improved cash flow

The fee for this service can be fixed or conducted on a no collection - no fee basis and is determined by the number of accounts, value and payment terms of your ledger.

Try our interactive debt turn calculator. It not only calculates how long your clients are taking to pay you but also the financial impact. You can model potential savings. what's the true cost of a bad debt? Use our interactive bad debt calculator to find out.

Contact us for more a confidential discussion.