Company Performance Metrics
•There are 20,000,000 SME’s in Europe alone with 60% of SME’s stating that they wasted, valuable resources chasing the money owed to them.
•SME’s in the UK were owed £39.4BN in 2014 & 30Bn in 2013
•1 in 4 UK Companies are spending more than 10hrs a week chasing late payments with 4.4mn SME’s in the UK alone this equates to, 1.1mn Companies
•Credit Control in the past was a vital but often, overlooked function, in some cases Credit Control is usually only considered when the cash flow is threatened or a cash flow issue threatens the viability of the business. Post-recession companies are acutely aware of its value
•The SME may lack the in-house skills/time or funds to employ someone to carry out this function.
•Credibility makes SME’s better at collecting their money! We call it Free 24/7 Credit Control: We help SME’ be better at chasing their money!
