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Credit Control Services involves a member of our team chasing your invoices before they become due for payment. We confirm that there are no problems with the invoices; if there are then we will address them. Your Virtual Credit Controller will verify when settlement is due and continue to chase the outstanding transaction until settlement is received.

To enable this service to operate effectively we require a copy of the invoice within 3 working days of the date of the invoice. Your Virtual Credit Controller will then call using your company name.

This service is popular with our SME’S, a number of whom have given us feedback:

‘Before we were so engrossed with the operations side of our business that we did not always get the time to chase the monies outstanding and it was sometimes overlooked. The system offered by Financial Recoveries is easy to operate and allows us to concentrate on work that earns the company money.’

‘We found it hard chasing our clients for money on one hand and on the other hand chasing the same person for new business. The Virtual Credit Control system allows me to be a sales person and play a good cop against the bad cop of the credit controller.’

‘We think that there is an art to the recovery of monies and this is better done with a person who can offer consistency. We did not always get the time. The Virtual Credit Controller allows us to relax regarding the outstanding debts; all we have to do is raise the invoice and forward a copy to Financial Recoveries, the only job after that is to open the envelope when the cheque is sent and pay it into our bank account.’


Our rates for this service will be as follows:-

£15.00 per account per month
£0.75 per invoice (1 off fee per line item)

Discounts of up to 30% are available for customers whose requirements are in excess of 25 accounts per month.
Please note that to qualify for this service you will have to provide Financial Recoveries Ltd with copies of the debts owed to your company 10 days before the invoice becomes due for payment.

For further details on this service please contact our sales team by clicking here.
 
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