Our bookkeeping solutions team can maintain your debtors ledger and supply aged debtor records on a regular basis. These will help you identify customers that are paying on account, often indicate a sign of problems ahead.
Businesses need to have up-to-date information of monies owed to them, in order to maintain adequate cash-flow and reduce the risk of bad debts. Our production of statements on a regular basis and their despatch to your customers will aid this process and focus resources on the collection of debts. We could also send a sequence of reminder letters or statements prior to referring debtors to collection agents. This would enable you to improve your cash collection and minimise the risk of supplying to customers who have not paid.