Christmas is a time for festive cheer and goodwill, unfortunately, many UK businesses face the doom and gloom of late payments this year. While late payments cause problems all year round, it is around the festive period that things can spiral out of control. At Commercial Domestic Investigations, we wanted to share some tips so…

An invoice is one of the most powerful credit management tools at your disposal. An invoice is a document responsible for your business getting paid. With late payments being a major problem for UK SME’s, it is crucial that the invoices you are sending out are effective. The goal is to get paid on-time with…

Business used to be simple, but as the years have gone on it have become easier for companies to hide unfavourable information or portray themselves as trustworthy. The number of insolvencies is getting larger every year, and that means that businesses are being more cautious than ever. Protocols have changed, the days of speaking with…

We cannot stress this enough; stable cash flow plays a vital part in the success of your business. Poor cash flow may mean that you can’t pay your suppliers, this can damage your reputation and your relationships. A poor cash flow can hamper your business’s ability to grow and potentially means that you will have…

If you are considering extending a line of credit to your customers, you need to be sure that you are not damaging your own cash flow and risking your business. It is important that you do your due diligence on a client before entering into a credit agreement to make sure that they will be…

We understand that as a business, you are sure to encounter debt at some point during trading. Unfortunately, late payments are becoming an inevitable part of running a company. These overdue payments can have serious implications for your business, you can miss payments to your suppliers, seriously damage client relationships and your cash flow can…

Flexibility and efficiency are important traits for a business. It is vital that you can deliver what you need to as effectively as possible, in fact, your efficiency can set you apart from the competition. The evolving business landscape means that your business is expected to be agile and react quickly to situations and continue…

It’s not just Athletes that can hit a wall, many businesses come up against obstacles that seem too large to conquer. At Commercial Domestic Investigations, the main problem that our clients face is not getting paid on time. We wanted to share some of our expertise and help knock down some of the obstacles in…

If you are a B2B company, then you rely on trade payments to survive. Unfortunately, late payments have become an accepted part of the credit control process; this shouldn’t be the case; late payments should be avoided where possible and fought. To go some way towards eliminating late payments some businesses are implementing an obligatory…

To become effective in your role, it is important to know what you should be doing. At Commercial Domestic Investigations we regular share our advice on how to be effective when chasing and collecting payments, however if you can master the common mistake that credit controllers can make, then you will be well on your…

logo-footer