Credit Control Procedures
When any of the key warning signs occurs, and you suspect outstanding payment to occur soon, it is not too late to prevent debt collections procedures.
It is now crucial to follow the procedures below, and make the outstanding payees aware of their faults and the legal consequences.
What You Should Do Next ...
- invoice immediately
- telephone before due date
- send or fax first demand
- telephone call within 7 days and confirm calls in writing
- send fully itemised statements
- send further demand or telephone call within 7 days
- always state next course of action with deadline
- call Euler Hermes Collections
Further Links
>
>
© 2012 Euler Hermes UK. All Rights Reserved.
Euler Hermes Group
