March 10th, 2021 / Insight posted in Articles, Business Doctor insights

Be the first to know about insolvencies to increase the chance of recovery

The Coronavirus support package from the government has kept many businesses afloat over the last 12 months. As this support is phased out, you may start to worry about the financial viability of your customer base. Did they take out government loans that will be due for repayment? Or will their staff costs become unmanageable when the furlough scheme comes to an end? You may already have customers who have started insolvency procedures. And, you may be finding it difficult to recover monies from struggling customers who could be preparing for liquidation.

We know that you don’t always have the time or resource to chase bad debts, especially when your business might also be under pressure. That’s why we have created KS Vision.

KS Vision is a bespoke customer monitoring service, designed to ensure you are informed as quickly as possible when a company or individual enters into a formal insolvency procedure, giving you visibility and peace of mind, enabling you to act swiftly to recover any outstanding monies.