Outsourced Credit Control

Credit Control is a core function of any successful business. Here are five reasons why you should consider Outsourced Credit Control.

  • Reduced Overheads
  • Pro-Active Cash Flow Forecasting
  • Improve efficiencies
  • No HR Complications
  • Objective Handling of Difficult Customers.

Read more about Outsourced Credit Control below or request a free appraisal of your debtor book and overview of your credit control systems and procedures. This free service helps identify those debtors that are causing you the most problems. Our initial consultation is free and imposes no obligation on you to engage with us.

Request more information on Outsourced Credit Control or a FREE, no obligation APPRAISAL OF YOUR DEBTOR BOOK.

Why outsource Credit Control?

We speak your language; we are local to you and we understand your business. We have been collecting construction ledgers for nine years, understand the industry, the processes, the problems and the excuses!

We can offer you a flexible solution to your credit control problems. Its like having an extra person (or half a person, or even a quarter!) but without all the employment complications.

  • Fully Tailor Made Collection ProcessesCRS will work closely with your business to ensure that your mission, goals and customer service levels are maintained all times, whilst delivering an effective, efficient and focused recovery process.
  • Efficient ProcessNo more sickness, holiday or paternity cover issues
  • Payments Made Direct To YouAll payments are made direct to your company meaning you stay in full control of your cash at all times.
  • Reduced OverheadCredit Control can be a costly and time consuming process. Full Outsourcing can reduce the overhead whilst allowing you to maintain full control over your sales ledger.
  • Cash Flow ForecastingThrough pro-active recovery methods and regular reporting, CRS can assist in the production of cash flow forecasts for Management information, funders or your board.

How does it work?

  • Initial ReviewWe listen to you, find out what you want, and offer to provide just that. No more; no less! We are happy to come to your premises to discuss how we can help.
  • Flexible ServiceWe can manage the collection of a whole sales ledger - or just part of the customer base.
  • No Long Term CommitmentWe ask for a minimum 3 month’s commitment and thereafter, our services are subject to just one month’s notice.

What are the costs?

We will tailor our costs to meet your requirements. Our fees will depend on how old or difficult the debt is, how many debtors you want us to manage and how your contracts/invoices work.

In order to provide you with an accurate quotation, we would ask to review your sales ledger and understand your current position.

Our quotation will break down our fees stating clearly the cost of our services. We will always give you a transparent breakdown as our aim is to give you a cost-effective solution to your own in-house collections team. Typically, if we were asked to manage up to 20 debtor accounts of mixed complexity, we would charge you a day’s cost which, typically, is £250 plus VAT.

Who We Have Helped

CRS provide credit control services to a company involved in Construction Design Projects.

They had a problem with overdue accounts; between a quarter and a third of their 200 customers take unfair advantage by exceeding credit terms. We provide a service to credit control their (60 – 70) overdue accounts for an all-inclusive price of £900 per month. This is around half the cost of a full-time credit controller.

Get in touch now for your free review. We will do this in total confidence and without any obligation on your part.

Other Services

Subject to our satisfactory appraisal of your client file, we will provide debt recovery of individual aged and disputed debts on a “no win – no fee” basis. Typically we will charge a fee relating to 25% of what has been recovered.

Does this sound familiar to you? Watch our animated explainer video...

A cost effective commercial solution