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Credit control and invoice finance is the key

From the moment you have your first business idea, through the periods of growth and development, Inksmoor and our Business Partners can provide the debtor and funding solutions to help make that path easier.
 
Inksmoor are dedicated to providing effective and tangible debtor and funding solutions to suit your company’s growing needs
 Why Inksmoor?
 
We have a professional dedicated team who together have over 25 years experience in accountancy, business finance, banking , credit control and account management.
 
We can find the best solution for you because we have had first hand experience at the ‘sharp end’ of a business and we understand all the issues that can complicate collection of debts and financing growth.
 
Our Services Include:
   -Fully-outsourced Credit Control
   -Credit Control training
   -Debtor solutions
   -Audit & Risk analysis
   -Funding

Credit Control

Due to lack of resources and/or time, more and more companies large and small are turning to outsourcing to remedy their credit control issues.
 
Benefits of outsourcing your credit control function:
Improved cash flow
Reduced bank charges
Improved working capital
Reduction in bad debt
Staff free to concentrate on core business issues
Improved paper trail
Continuity of service
At Inksmoor, we have made a large investment in IT and Telecommunication systems which means we are able to offer our clients confidential collection facilities, as well our popular disclosed service.
 
How do we do it?
Outsourcing your credit control function couldn't be easier.  You simply provide us with an up to date customer list and a ledger either monthly or weekly, and we do the rest.
We will recommend a course of action based on our experience in cash collection techniques, structured around your terms of trade
We will be pro-active in our chasing; we contact your customers just before the invoices are due to ensure any queries are dealt with promptly.
We will provide you with a weekly, bi-weekly and monthly report of our activities detailing payments that are expected.

Credit Control Training

Not everyone is comfortable asking for money.  We have found that much is expected of untrained people within a business and this can hinder productivity.
 
Inksmoor introduced Credit Control Training to provide the tools, experience and confidence necessary to carry out good credit control.
 
We will introduce your team to the reasons why effective credit control is needed and the potential repercussions of bad credit control on a business.  We will train your team to be effective and professional in their collection techniques.
 
They will be shown that good credit control is about improving and maintaining relationships, both externally with your customers and internally with colleagues.
 
The training is given at your premises, either on a one-to-one basis or small groups and generally takes one or two days to complete, dependent on the number of delegates.

Invoice Finance
 
Whatever the cash flow requirement, whether it is for developing new products/services, financing an acquisition or simply raising funds required for your existing business Invoice Finance enables you to release funds tied up in your outstanding invoices, allowing these valuable funds to start to work for you.

Invoice Discounting
Invoice Discounting is similar to Factoring in that you raise and issue your invoices, and funds are advanced up to an agreed pre-payment percentage to you straight away (up to 95%) and pay you the balance, less fees, on receipt from your customer.

For more information and services please visit our website inksmoor.co.uk.

By: Kaloyan Banev

Credit control :: Invoice finance UK Created by Inksmoor

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