Darcey Quigley & Co Blog

Improve Your Cash Flow Before Your Financial Year Ends

March 01, 2017 darceyquigley 0 Comments

It's that time of year again, year end. It comes around the same time every year like Corporation and Personal tax, but just like Corporation and Personal tax, the lead up to year end can be hectic and stressful ensuring that your ledger is in a healthy state.

At Darcey Quigley & Co we understand the pressures that your year end brings to your business and in particular your accounts department.

We assist hundreds of businesses on a day to day basis to recover monies that are owed to them. Last month we assisted several clients in recovering their overdue accounts, with a total principal sum of £6.8 million recovered.

Don’t carry your bad debts over into the new financial year or write them off. We will assist you to recover your overdue accounts, improving cash flow and reducing interest charges. Over the years we have built a team of Credit Management Consultants who are experts in recovery, and fully understand the commercial implications that late payment has on your business, especially at year end.

Our Credit Management Consultants will work with you to fully understand the case and relieve you of the associated pressure by taking over the debt recovery process. We communicate with your debtor by phone and keep you fully updated throughout. The ability to fully understand each industry and to communicate with your customer using terminology they are familiar with is instrumental in our success. We have a clear charging structure, which is only applicable upon successful recovery of the overdue accounts.

Deciding whether to take further action can be tough, with the effect on the commercial relationship and future opportunities with your customer to consider. Our range of Commercial Debt Recovery services are designed to help recover your overdue funds whilst protecting your commercial relationship. Throughout the full process, you remain in control. We understand you have made a commercial investment with your customer and the importance of protecting that relationship. Prior to instruction, we will work with you to make an assessment on the case to determine the most effective action required and to agree your preferred approach.

Contact us today to discuss your overdue accounts. We won’t take up much of your time but will free up a lot of your time. 01698 821468, info@darceyquigley.co.uk or visit www.darceyquigley.co.uk and chat with us on live chat.

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