Credit reporting – is it that important?
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 […]
Small Business Owners Spending Time Chasing Late Payments
The Commercial Domestic Investigations team understands that British small business owners cannot afford to let late payments go unchallenged. A new study has found that UK small company owners are spending a significant amount of time on chasing unpaid invoices. Major business concern The research was carried out by Xero, an online small business accountancy […]
Five Tips for Getting Paid On Time
Here at Commercial Domestic Investigations, we understand that late payments are a significant issue for small businesses across the UK. If clients fail to meet invoices within the specified time frame, you cannot develop the healthy cash flow required to support operations and grow. It is critical that you make sure clients pay you on […]
How To: Set a Credit Limit
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 […]
Make the most of your accounts receivable department
An accounts receivable department is crucial for your business’s success. They are responsible for paying employees, dealing with daily expenses and contribute to the growth of your company, but an accounts receivable department cannot do all of this is invoices are being left unpaid. It is vital that you attempt to make your accounts receivable […]
Which Premier League Football Teams Are Best At Paying on Time?
Commercial Domestic Investigations recognises that many British small to medium-sized enterprises (SMEs) rely on bigger companies, such as Premier League football teams, for vital revenue. When these companies delay payment, it impacts cash-slow, so it pays for SMEs to know which firms have a habit of meeting their invoices on time. Looking at a new […]
