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Credit Process Audits (CPA)
In House Training
Seminars held in 2018
National Wholesale Distributor
Chain of Department Stores
12 partner accounting firm
Country Accountancy Practice
Small Legal Practice
After one month, all fees, except for one, paid and were up to date.
All work was conducted by OPS off-site.
OPS now contact clients before payment due to remind them about payment terms.
Debtors are not aware that they are being contacted by an “outside body”.
Seamless systems are now in place for all follow ups.
All accounts are monitored regularly.
After two months, The one fee that didn’t pay in month one, did!
Small boutique employment agency, one office, limited administration staff.
Small client base – only 12-15 invoices raised monthly.
Clients not paying within terms even though the business had a “Replacement of Staff Policy”.
Downturn in market meant that cash-flow became extremely tight and heavily dependant on fees being paid within trading terms.
A nasty “nasty” email
This email collected $197,000!
Pay up or I’ll … ??
This system collected TOO MUCH money …
Get your iPhone to READ ANYTHING aloud to you
About Michael Todd
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