Protect your profits by avoiding write-offs
If customers paid their accounts on time, running a business would be much easier. In reality, suppliers usually have to wait for payment, leaving them short of money to invest in the business or even pay their own bills. They also have to find the resources to cope with the extra administration caused by slow payers.
Losses from customer liquidations and bankruptcies can cause great distress to suppliers. Many of these were predictable and therefore avoidable.
The Credit Protection Association provides solutions, advice and back-up in all areas relating to the supply of services or goods on account. Suppliers get all they ever need to reduce debtor days and write-offs – All Under the One Roof!
Bad debts often occur simply because the supplier does not have sufficient information to reach an informed and safe credit decision.
Members may use CPA's Credit Application forms to gather all the details needed to know exactly who they are doing business with.
A signed CPA Credit Application form provides you with comfort that your customer has agreed to pay on time.
With the right facts, you can make the right decision. Information is power!
Bad debts often occur simply because the supplier does not have sufficient information to reach an informed and safe credit decision. Members may use CPA’s Credit Application forms to gather all the details needed to know exactly who they are doing business with.
Once this is signed, Members can:
You are only moments away from being able to make an informed decision on all companies registered within the UK. This information is updated each working day from multiple sources keeping you safer than ever from bad debt. Reports show:
CPA Credit Reports are updated each day, if applicable. It makes sense for you to be notified of such updates so that you may re-assess the situation. As information is power, you will be glad to have the latest information at your fingertips.
Experienced UK based staff are available to assist with credit management concerns. It is good to know there is someone knowledgeable and helpful at the end of the telephone.
Credit reports are available from around the world on request.
Ever since the Department for Business, Energy and Industrial Strategy was the Department of Trade and Industry, they state that many accounts are paid late because the supplier does not make it’s payment terms clear.
CPA will help you to ensure your credit terms are clearly stated. You can bring attention to these terms by displaying our logo and artwork on your invoices and statements.
If the Department for Business, Energy and Industrial Strategy are correct, you will soon start to enjoy greater cash flow.
Members may also