Update from Helen McCormick

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Update by Helen McCormick , Pro Credit Control Limited
Credit Control Consultant

2017/06/04

SMEs are now waiting an average of 72 days to receive payment for their invoices – with more than half (61%) remaining unpaid within the debtor day period. In a recent CIMA survey, medium-sized organisations in the UK cited cash flow as a key area of concern: * 50% of the mid-sized businesses said that it is more challenging now than 12 months ago to access capital * 66% stated that it is more difficult to receive payments from customers. Without a solid system in place, late payments can easily spiral out of control. And over time, unclaimed revenue can accumulate, putting you in a financially difficult position. Contact Pro Credit Control today.

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