From what I am hearing Times are Tough and Money is Tight!
3 QUICK WAYS TO IMPROVE YOUR CASH FLOW IN FEB/MARCH 2019
1) Get on the phone yourself as a senior manager in the company and call the 20% of your clients that give you 80% of your business and make a time to go out to see them with your BDM for a bonding session and talk service and payment of accounts in 2019.
2) Have your best phone communicator/collector of money call the top 40% of the 80% of clients and get a payment date to bring their account up to your terms of trade and give them a healthy dose of excellent customer service so they come back again.
3) Send an email to the last 40% of clients asking them to clear their account and advising they are on COD from now on. (of course there will be exceptions but that will be your call). Then follow up with calls to have them clear their account in full.
If you haven’t got the time or staff to do any of the above then call us
(CMP Credit Temps – 0408911162 direct) and we can bring in a Credit Temp to clean up your ledger.
CMP CREDIT TEMP – firstname.lastname@example.org