CREDIFACTS specializes in credit & collection consulting.
Assisting our customers with their administrative credit collection functions and providing avenues to risk access your customer in order to make an informed credit decision.
CREDIFACTS provides credit collection policies procedures, guidelines, training, and organizational tips for the company, the entrepreneur and the sole proprietor who are looking to increase their credit collection knowledge & expertise. Developing the skills needed to effectively manage the financial investment you have made in your receivables with your customers
AND COLLECT YOUR MONEY.
OBTAIN THE CREDIT TOOLS TO EFFECTIVELY MANAGE YOUR ACCOUNTS
There are many sayings in the world of credit / collection: "Cash is King", "A sale is not a sale until it is paid for", "You cannot loose what you do not have", and the list goes on.
Consider the idea cash flow is the engine which drives businesses large and small alike.
Past due accounts are the brakes which bring companies to a screeching halt.
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MONITOR & MANAGE YOUR ONGOING RECEIVABLES FOR A QUICK RETURN
RECOGNIZE & AVOID A POTENTIAL BAD CREDIT RISK CUSTOMER
OBTAIN THE SKILLS TO ASSESS THE CREDITWORTHINESS OF A CUSTOMER
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In today's competitive market, margins, price, quality, service are key factors in staying ahead of your competition, but today's economy has placed another competitive twist on companies; time. Everyone wants more time to pay their accounts.
The economy has pushed many companies to extend the time they will permit an account receivable to age in order to gain that edge over their competitors. By allowing more time, you become your customer's bank, most times interest free. The longer the time permitted, the greater the risk, the greater the risk, the less likely you will be paid.