Sales Ledger Reconciliation
Every company has different variations and working processes. We investigate current procedures and ask questions about them while working through the ledger arranging payment
Benefits
- Your potential bad debt problem will be cleared up
- The accounts will be fully reconciled (Client & customer)
- The collection of debts (Cash in the Bank)
- A reduction in outstanding queries
- Reduction in risk and open exposure
Even in a large company it is important to take a personal approach to unpaid accounts and examine each case individually. By working on site with both sales teams and existing customers we help to reduce bad debt and provide a greater understanding of your customer base.
Any outstanding payment will be analysed and dealt with in the most efficient and cost effective manner. Customer debts can occur due to any number of reasons and sometimes at no fault to the customer, examples of which can be: More+++
Discounts Errors
Shortage’s Insufficient Details
Credit Terms Wrong Name
Customer order number Wrong address
Proof of delivery Credit Limit’s
Special deal arranged No back up paperwork
Wrong delivery Incorrect information
Miss-communication People left the company
In assessing all the aspects of a business from a credit control perspective we will ensure that litigation is only used as an absolute last resort and therefore reduce the risk of heavy legal costs.
Our friendly polite, and above all successful service results in ‘happy paying customers’ and builds a stronger relationship between them and your business. The process identifies which clients will pay on time and which are bad debtors who require monitoring and tightened credit terms.
This contact strategy is designed to identify ‘Quick Wins’; payments we can arrange immediately to help increase cash in flow as soon as is possible.
Not only do we act as a customer liaison but we also investigate internal processes, highlighting any areas where unpaid accounts may be due to communication issues between departments, as is often the case.
An unpaid fee is not always down to the customer. By getting an outside view of the credit management of your business not only will you be ensuring the recovery of any outstanding debts but also increasing internal efficiency and maximising your cash flow
Sales Ledger Reconciliation ties in with our other services.
Thank you for viewing – If you are interested in finding out some more information, would like some free advice, arrange an appointment, or would like a like a no obligation quote you can contact us on 0113 308 2008 or complete an enquiry form.
For more information or a no obligation quote please contact us.
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