Optimizing cash flow and avoiding bad debts are two key objectives of any successful business. Setting up a good credit control system is the starting point for both.
QX offers bespoke credit control services for businesses in the US, allowing them to implement credit control best practices and process excellence. Well-defined service level agreements (SLAs) and performance metrics ensure that you receive real and measurable cost savings along with increased efficiency.
Ensure timely payments and reduce debtor days by focusing on accurate invoicing, clear payment terms, assisted payments and quick customer query resolution.
Before beginning the project, we work with you to determine a chasing plan, with clear rules for credit limit and frequency of reminders through dunning letters, emails, fax and calls. Timely identification and escalation help keep aged debtor numbers down.
Avail all the benefits of process rigor and dedicated credit control, but at significantly reduced processing costs through dependable and safe outsourcing.
Communicate with your dedicated accounting team at QX over phone, via mail or through video conferencing. Qualified professionals also communicate appropriately with customers, ensuring good relationships.
MIS reports, tailored to your specifications, along with detailed debtor’s reports, deliver insightful data on your customer behavior, unlocking upselling opportunities and improved collection strategies.
The QX team works with industry-standard software to streamline finance and accounting. We are also flexible to incorporating any additional systems in our solutions to suit your organizational needs
Explore to know more about credit control outsourcing
If your credit control function is all over the place, one of the biggest challenges your business will face is cash flow disruption. Here’s how you can improve your credit control process in ten steps.Read More
Cash flow is a key concern from finance leaders in the recruitment sector. Overcoming challenges related to accounts receivable and credit control is the key to a good cash flow.Read More
A credit control process strikes a balance between recovering the money that is owed to your business and maintaining a pleasant relationship with your customers. Learn how the media & publishing industry is tackling credit control problems.Read More