The Financial Conduct Authority (FCA) has announced its plans to put in place a cap on how much payday lenders can charge their customers. This will become effective as of January 2015. Earlier this year the FCA said that, in response to growing concerns, they would begin to closely scrutinise the way in which payday … Continued

Carrying out thorough credit checks on new customers is something every Credit Control department within every organisation should make a top priority.  By credit checking your customers, you will be able to identify whether or not it will be worthwhile doing business with them, which could potentially save your company a great deal of money … Continued

As part of the credit control department, sales ledger assistants are important components in any company's personnel. As the present economy has dictated that smooth cash flow is now more important than ever before, having qualified and competent professionals working in your credit control department will greatly benefit your company. The necessary skill sets and … Continued

As healthy cash flow is vital for any business, competent credit control officers are always very much sought after. The job effectively involves the collection of any outstanding debts which are owed to the company, and this requires specific knowledge and skill sets. What skills or attributes are required? The credit control department is one … Continued

Small businesses remain concerned about the UK’s culture of late payments, according to a leading banking and finance survey. Data collected by the Forum of Private Business reveals nearly a quarter of small business (23%) saw a rise in the number of delayed payments received from clients in the past year. As well as this, … Continued