How our 3-month credit control and collections assistance delivers results
itsettled engages directly with businesses at any stage of their life cycle who need help. We work with mid-market and larger UK businesses — typically £10m plus, although we’re happy to talk to any business with a ledger in excess of £500k.
Businesses need us if any of the following are visible:
Where more than 10% of their sales ledger/aged debtors are over 100 days old.
Days Sales Outstanding (DSO) are too high and more than 20 days above their payment terms.
They have an invoice finance provider who has concerns.
A lack of, or under-performing, collections staff.
No credit policy or collections procedures in place.
Are experiencing cashflow difficulties.
Are looking to get invoice finance to assist working capital.
No more worrying about getting paid or damaging customer relationships when asking for payment. Instruct itsettled and take back control of your working capital.
We also help with:
• Credit policies and collections processes.
• Collection letters using effective “cause and affect” chasing.
• Order to cash reviews.
• Query resolution and customer negotiations.
• Invoice finance help and implementation.
• Recruitment of in-house resources.
And anything else to help businesses improve their cashflow.
Prices
Projects run for a maximum of three months and are tailored to each client. We work discreetly alongside your finance team, not in place of it. You won’t be billed until month two — giving you time to see results before paying. Fees are charged as a percentage of debt recovered and quoted individually.
Our pricing is bespoke to businesses because:
1. We want to make sure it’s commercially viable for you to use us.
2. We are success-based driven.
3. We get the opportunity to demonstrate our success before we charge you.
Typical project timeline
1
Month 1:
Cash generation, credit control analysis, identify staff requirements.
Month 2:
Query resolution, staff recruitment, policy drafting.
2
3
Month 3:
Final delivery and chasing.
Need help with recruitment? We save you money on recruitment consultants by:
• Sourcing relevant candidates on LinkedIn.
• Salary benchmarking and advising on salaries and bonus targets.
• Assisting with job descriptions.
• Helping with job specifications and adverts.
• Interviewing candidates.
Ready for our help? Here’s how it works
Book a call
Schedule a phone or video call. We’ll listen to your challenges and goals — no jargon, no hard sell, just a straightforward conversation about how we can ease the pressure.
Arrange on-site visit
If there’s a fit, we’ll arrange an onsite visit and ask you for some information to analyse in preparation. This is completely optional, and we can go through everything onsite in person if preferred.
On-site plan
We’ll then visit your business to design a tailored three-month plan that tackles overdue debt, maximises cashflow, strengthens your credit control and achieves tangible results.