ADVANTAGE CREDIT MANAGEMENT

I started Advantage 5 years ago after identifying the need for affordable cr reports & debtors training. Many of my competitors focus on one aspect, where I do a holistic overhaul on your current collection/cashflow position. I personally have 30y experience in this field. What do we offer: 1. Debtors collection Age analyse check: For correctness by comparing statements to age, check for obvious billing queries Transfer age analysis to Advantage excel report format for ease of reporting purposes Check that clients are still in the credit limits and terms Debtors collection of accounts Weekly interaction with debtors on outstanding accounts Send letter on overdue accounts Bi- weekly debtors feedback reports sent to management Queries, requests for documents 2. Credit Reporting Service: We check your current credit application against new legislation version with required documents. Each new application received is submitted for full credit evaluation. We subscribe to 5 bureaus who each specialise in their own field. Each application we do a risk analyses; Obtaining a bank code Pulling credit bureau reports for adverse and other info. Call for trade supplier’s information analysis Bookkeeper and or landlord confirmations Property confirmation reports Financial statement obtained and analysed if the limit warrants it. Finally: A recommendation of limit is made. And if security may be required. Reviews: We review applications every 6 months as companies tend to get in to financial destress quicker that in past history. 3. Training provided to debtors and other financial staff. We strongly believe in enabling your staff to do their tasks professionally and with good results. Often its the detail that make the difference. An analysis of your accounting process is done to streamline time and results. Recommendations are made, management buy in to the process and the training starts.