Credit Control Guidelines
After your company has experienced or closely avoided bad debt, make sure you implement suitable changes to your credit control guidelines. See below for ideas how to change your handling of debt.
If in doubt, you can always contact Euler Hermes Collection for a free consultations and advice on how to avoid debt and debt collections.
Put our guidelines in place
- reiterate your company's credit control policy
- keep your customer records current
- tighten and/or change collections procedures
- monitor extent of extended/part payments
- always keep communication open
- resolve disputed matters quickly
- avoid deviation from planned course of action
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Euler Hermes Group
