Tips to Manage your Debtors for improved Cashflow
Effective Debtor Management in business is essential. Having a large amount of outstanding debts can be risky for the business. The ability to receive payment for your services or products promptly, can have a dramatic impact on your cashflow, and your ability to continue to reinvest in your business. We’ve pulled together a checklist of things below that you can do to help keep your debtor management running smoothly.