Credit control
Credit management can be a major drain on the resources of SMEs as sufficient time and effort must be allocated to chasing debtors. Hilton-Baird’s specialist credit control service provides a dedicated outsourced solution to remove this burden.
The likelihood of recovering debts has been proven to diminish rapidly after the first 30 days, emphasising the need to proactively manage your debtors long before their due dates.
Hilton-Baird’s fast and efficient outsourced credit control service does just that on your behalf, dedicating time and attention to your business’ credit management to leave you the time and resource to focus on core business issues.
And with late payment and bad debts increasingly common, the benefits of specialist support cannot be overlooked. By contacting the debtor before the invoice is due and subsequently maintaining a frequent dialogue, our expert team will ensure that you receive what you’re owed on time whilst preserving your customer relations through our sympathetic but rigorous approach to credit control.
In turn, debtor days will be reduced, bad debts avoided and your cash flow preserved, negating the need to seek funding at an additional cost to compensate for late payment.
Our highly personalised credit control service can be adapted to meet our clients’ needs. For instance, we can conduct our collections services on either a disclosed or a confidential basis, whilst providing detailed debtor reports on a weekly or monthly basis, depending on your preference.
This is thanks to Hilton-Baird’s investment in technological innovation over the years, culminating in our brand new state-of-the-art collections platform that increases the speed, accuracy and efficiency of our credit control services.
This innovation, coupled with considerable industry expertise, resulted in our Team Leader, Charlotte Christie, being voted Commercial Collector of the Year for 2010 by our clients in recognition of her professional and rigorous approach to collections.
Established in 2001, Hilton-Baird Collection Services has quickly become the UK’s leading outsourced commercial debt collection agency through its range of debt collection services available to SMEs & corporates, independent lenders and banks. Indeed, our team has twice been voted Credit Today magazine’s Commercial Debt Collection Agency of the Year over the past three years.
For more information on how we can assist with credit management, please call 0800 9774848 or email collections@hiltonbaird.co.uk today.