Debt Management Options
Financial Services - Christchurch, Canterbury, New Zealand
Debt Management Options Employees
Debt Management Options Details
DEBT MANAGEMENT OPTIONS reduces debt and maximises cash flow CREDIT CONTROL Allowing credit in good faith is all very well but if the customer does not pay it may have been better to have gone out for a game of golf or a bike ride than spend valuable time, money and resources on a 'non' sale. Our aim is to turn bad payers into good payers by working with the business owner, getting to know the business and putting together an effective process to ensure capital is not tied up with debtors. And the great thing is this is its all done without upsetting the customers. CREDIT CHECKS Before a business spends money turning prospects into customers, it is important to find out if they have the ability to pay. TERMS & CONDITIONS Are an intrical part of the businesses administration processes. It is necessary to have standard terms and conditions on hand which clearly set out the businesses position DISPUTES Bad debts can arise from disputes. It is important to have a clear and rapid disputes escalation process, ensuring decision makers can resolve problems as quickly as possible. SECURITY Personal Property Security Register The hand shake of old is an option relegated to the past and unfortunately there are no friends in business when things turn sour. Securing the debt will help DEBT COLLECTION Not all bad debtors set out not to pay, circumstances dictate, however too many businesses are bank rolling their customers. If all else fails escalating a debtor to the "next level" although daunting for a business owner; may be necessary when a defaulter won't budge. An informal, strictly confidential chat over a cupper (my shout) is all it takes to establish what we can do for a business. My Contact details are 027 282 6299 or jangraham@dmo.co.nz Based in Canterbury but work New Zealand wide
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