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Credit Control outsourcing
Luv2 provides a full credit control outsource service managing the entire Sales Invoice to Cash collection and allocation.
The full credit control service will be a natural extension of your business profile so that you may benefit from a union of resources and credit control processes.
Collection strategies are implemented through process-driven chase paths communications for instant document delivery followed by professional collection calls to accelerate cash collections.
Our development team are experienced in working with complex systems and will manage the transition so that you achieve seamless progression with our outsourcing solution.
Credit Control Support
Clients that apply the Pareto's principle approach, outsource their low-value invoices high volume customers to Luv 2, so that their own internal credit team can concentrate solely upon the high-value customers that account for 80% of revenue. This release of internal resource enables your credit team to apply a more hands on approach to high-value clients which will improve DSO and query resolution through increased account management. Luv 2 manages the lower-value clients using our process-driven service communicating professionally to your clients.
Benefits
- Increased Cash Flow
- Reduced debtor days
- Reduced overheads- salary, Ni phone calls etc
- Flexibility - You stay in control of the process
- Regular reporting
- Fast identification of queries and disputes
- Maintain great customer relationships- we know you worry about chasing debts will have on your relationships but using us means you have peace if mind.
- We also ensure payments are made directly into your bank account, to ensure speed and efficiency for you.