The Late Payment Assassin's Blog

Accelerating your cash flow


The Credit Control Problems Caused By Christmas

Tuesday, 6 December 2016 12:37 by Shane P

As hard as it may be to believe, December is already well and truly underway- which means it’s time to crack open the advent calendar and watch the Coca-Cola Christmas advert on repeat. More importantly, this time of year also means that many businesses are going to come up against some significant problems when it comes to handling their credit control.

We are all fully aware of the huge number of Christmas traditions- such as mince pies, mulled wine and a quick game of charades- and it’s true that the world of credit control also comes with a set of its own traditions. Unfortunately, these traditions are by no means a good thing, as businesses are notoriously bad payers throughout this time of year More...

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What The Autumn Statement Could Mean For Your Credit Control

Friday, 25 November 2016 12:33 by Shane P

Ever since the EU referendum took place several months ago, the papers and news channels have been filled with various stories about what Brexit is going to mean for the UK. Due to the vast differences in the news being reported in the tabloids, broadsheets and news channels, it’s been difficult to ascertain what’s actually going to happen to our economy in the coming years. With so many different opinions out there, it’s incredibly tricky to find the truth of the matter. More...

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Things Your Business Should Know About Credit Control

Monday, 21 November 2016 12:32 by Shane P

Staying on top of your international credit control can be a long, time-consuming process which could otherwise be spent on other things. Credit control is an incredibly complicated field, and that’s why we recommend bringing in the experts at Octempo to take care of it for you. Trying to manage your credit control in-house will be much more expensive with less reliable results. When it comes to credit control and money owed to your business- it’s imperative that you get it right. More...

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The Impact Of Late Payments On Your Business

Monday, 14 November 2016 17:23 by Shane P

There’s nothing worse than a client that doesn’t pay on time. Businesses rely heavily on their cash flow and, if they are suffering from a string of late paying customers, then this will force them to lean on their other resources. This is why it’s so important to carry out rigorous credit checks on your prospective clients, so that you can identify any potential “bad payers” and make a more informed business decision. More...

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