As healthy cash flow is vital for any business, competent credit control officers are always very much sought after. The job effectively involves the collection of any outstanding debts which are owed to the company, and this requires specific knowledge and skill sets. What skills or attributes are required? The credit control department is one … Continued
Small businesses remain concerned about the UK’s culture of late payments, according to a leading banking and finance survey. Data collected by the Forum of Private Business reveals nearly a quarter of small business (23%) saw a rise in the number of delayed payments received from clients in the past year. As well as this, … Continued
An accounts receivable manager will be responsible for ensuring their team keeps client accounts running smoothly. This is a vital role, and as such businesses should take time to make sure the person they recruit is someone who will do the job to a high standard. Portfolio Credit Control has many years of experience in … Continued
Every organisation will have its own ideas about how best to organise their credit control department and ensure debts are collected promptly from clients. While plenty of new recruits will be familiar with what needs to be done, if you are taking on graduates or apprentices these five helpful hints should get them started on … Continued
Assessing risk is one of the most important tasks a credit control department has. Mistakes made in this area could prove very costly down the line, and this makes the role of senior risk analyst an absolutely vital one within your team. When looking for someone who has all the skills you are looking for … Continued