Blue Dot Consulting

Strong credit management and control is crucial for a healthy cashflow and continued, long-term business success. Cash is fact... everything else is opinion.

Do you face common problems, such as?

• Payments from customers are often overdue?
• Sales are good but you're always near the overdraft limit?
• You're constantly chasing payments from customers and managing the demands from your bank and suppliers?
• Worrying about whether you will be able to pay your tax or national insurance on time?

We will help you

• Create a credit management policy and stick to it
• Involve both sales and finance staff in credit decisions
• Negotiate better terms with suppliers and HMRC to reduce or postpone cash outflows
• Create a cash flow model that will give you visibility of your cash flow sources and needs and will enable you to decide what levers to pull to manage your business

We believe that the cash flow model, which starts with the last six months of actual cash flows, provides an objective and fact based view of your business. It can help you improve profits as well as forewarn you of problems that need solutions NOW.

Prevention is better than cure, so we will also help you decide which customers are good credit risks and include robust payment terms in your standard terms and conditions.

As a consequence, you will have more money in the bank and fewer things to worry about. More importantly, you will be in the driving seat rather than fighting fires all the time.