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“People are taking longer than ever to pay their invoices, let us help you get paid quicker”

Credit Management Services

Cash lies at the heart of any business. Regardless of its size, sector or specialisation, being paid on time is the cornerstone of any business.

It sounds obvious doesn’t it? But just take a look at your own situation. How much are you owed? How many of your debtors are outside your terms of business? What are you doing to recover the money you are rightly owed for the goods and services you provide?

Too often, credit management is left to the last minute or delegated to someone in your company who is ‘good on the phone.’

There is no element of your business more important than being paid on time. So ‘last minute’ activities or leaving it to someone else really isn’t good enough.

That’s where Tyrrell & Company Credit Management Services come in. We will take over that vital function for you, professionally, thoroughly and efficiently. But we do more than recover what you are owed, we actually minimise the chances of debts going bad.

Knowing your customers and understanding their financial position is key to good cash flow management. That’s why we offer to obtain Credit Reports and Trade References for you.

We can profile your potential customers and examine their credit worthiness before you enter into an agreement with them.

Using our twenty year’s credit management experience, we will advise you of a recommended credit limit for each customer and we will obtain trade references on your behalf.

This service isn’t limited to new customers only. You should seriously consider using this confidential service for existing customers – after all, times do change.

We will take full responsibility for collecting your overdue invoices and handle all calls and correspondence for you.

In addition, we will handle all Letters before Action. This could be one letter of many hundreds.

We will work with you to create a cash flow profile where we can set up procedures and processes to manage your cash flows efficiently.

We aim to maximise your cash and minimise any bad debts.