Our assessment services are tailored to your individual business needs. A popular service that FACE Credit Consultancy offers is aged debt review. Your aged debtors report will list the customers that owe payment to your business. These debtors will be evaluated to see what is overdue, what payments are expected. Knowing what money is owed to your business will give you a clear picture of your financial situation. Having a plan in place to collect those monies will reap rewards. We also work with your credit team to advance their work practices and help empower them with the skills necessary to improve your cash flow.
Aged debt review.
We specialise in providing cost effective Debtor Book Reviews to evaluate unpaid invoices and their potential for collection.
Our reviews are conducted in two different ways:
- Conducting an onsite review of your Debtor's Ledger
- Consulting with your Credit Management Team
- Contacting your priority customers.
- Working remotely to confidentially review the value of a debtor's book in sensitive situations including the sale or purchase of a business.
Credit Team Evaluation.
We sit with your Credit Control Team and review how they function. Typically, the evaluation will commence with a ledger review involving the Credit Manager and Credit controllers to get a feel for their level of knowledge, skill, confidence and commitment. Our evaluation will also include consultations with key stakeholders internally.
We then make recommendations for improvement which may include restructuring your team and where necessary, performance management. One of our key service offerings is the ongoing mentoring of your Credit Manager and Collection Team.
FACE Credit Consultancy gives a personal touch to credit control. We offer a broad range of credit solutions tailored to meet your business needs. To find out about what we can offer your business get in contact with us today for a confidential consultation.