One of the greatest risks in any business is inadequate cash flow. When customers fail to pay, the result can be significant financial and emotional stress for any business owner.
With our focus on small and medium sized businesses, it’s logical that debt recovery solutions form part of our financial toolkit.
Through Nexus Debt Recovery Solutions, The Peak Partnership offers a complete range of debt recovery and accounts receivables management strategies, including:
- Individual debt recovery assignments – for amounts owing to your business that have gone beyond overdue, we’ll negotiate payment with your customers professionally and with discretion;
- Portfolio debtor management – we can take on your business’ total accounts receivable programme, freeing you and your administrative staff to concentrate on more productive work (essentially a cost-effective way to outsource your credit manager role);
- Credit policy reviews and recommendations – we’ll conduct a full on-site review of your credit procedures and debtor management policies, followed by recommendations to improve this vital area of your business; and
- Credit management training – helping to educate your staff (and your customers) in efficient accounts receivable management.