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VR EXPERT

VR EXPERTVR EXPERTVR EXPERT
  • Home
  • Credit Control
  • Contact Us

Credit Control


Comprehensive Business Collections Outsourcing for SMEs and Large Enterprises. Call us today on 01296 706199

Tailored to suit every business type

 Outsourcing your credit control can deliver numerous benefits to your business, which is why our services provide you with year-round credit control, all communicated in your name, while addressing any team requirements and keeping your cash flow positive. 

 We help businesses:

  • facing challenges in recruiting credit control staff
  • seeking to avoid the complexities of credit management
  • aiming to concentrate on major accounts internally while outsourcing smaller ledgers
  • experiencing peak, seasonal demand periods
  • requiring additional credit control resources during rapid expansion
  • needing to ensure credit control compliance during acquisitions
  • with numerous small accounts finding outsourcing more cost-effective
  • with annual contracts and subscription models
  • looking to outsource specific aspects of the credit management function 

From onboarding to payment

 We tailor our services to fit your business needs, operating discreetly and confidentially under your name. Our offerings can include: 

  1. Collection from invoice date – we confirm receipt of large invoices, ensure these invoices are query free and gain their payment method and date. For smaller invoices, we would develop collection strategies in agreement with you
  2. Credit application processing and credit checking against your rules
  3. When opening new accounts, we would ensure your terms of payment is agreed
  4. Setting credit limits and continual monitoring, avoiding bad debts
  5. Invoicing in your name – we ensure your invoices are clear and contain agreed payment terms and any purchase order numbers 

What are the benefits of outsourcing your credit control?

  • Improved cash flow: By outsourcing credit control, you can get paid faster and improve your cash flow. This can help you better manage your business finances.
  • Increased time to focus on core activities: Outsourcing your accounts receivable frees up your time to focus on your core business activities and grow your business. This can be especially beneficial for small businesses that may not have the resources to handle credit control in-house.
  • Cost-effective: Outsourcing credit control is often more cost-effective than hiring and maintaining dedicated credit control staff. You can eliminate recruitment, training, and retention costs, and avoid resource challenges like annual leave, sick leave, and parental leave.
  • Scalable resources: With outsourcing, you can scale resources up or down based on sales. This is particularly helpful for seasonal businesses that have fluctuations in their business activities throughout the year.
  • Expert handling: By outsourcing credit control, you can have peace of mind knowing that your receivables management is being handled by experts who have the necessary skills and knowledge to do the job.
  • Preserve customer relationships: Outsourcing credit control can help preserve customer relationships. When credit control is handled professionally and efficiently, it can help maintain good relationships with customers.
  • Reduction in the need for additional funding: Outsourced credit control can help reduce the need for additional funding, which saves money on borrowing fees.
  • Access to advice and guidance: When you outsource credit control, you can have access to advice and guidance in the event of an overdue invoice. This can help you better manage your credit control and avoid potential issues.

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