A
Admiral Collections
- Original Poster
- #1
We have hit the happy time of year where businesses extend credit limits, credit terms and basically give their clients/customers what they want for Christmas as well as racing around buying them whisky.
This is a busy time of year, people need more stock I hear you cry. they'll be able to pay us in the new year no problem. :wink:
Wrong! January, February and March are a Credit Control Departments nightmare months because everyone has overtraded. You ring your customer and they can't pay you because their client/customer hasn't paid them because Christmas wasn't as profitable as they had first thought and the vicious circle goes round and round. For a Credit Controller, the only solution is to make sure you scream the loudest and get yourselves up there to the top of the payment list.
So, unless you have a healthy set of lungs and love screaming for payment, think before you increase credit limits, overtrade and buy too much whisky.
Merry Christmas to you all!!!
This is a busy time of year, people need more stock I hear you cry. they'll be able to pay us in the new year no problem. :wink:
Wrong! January, February and March are a Credit Control Departments nightmare months because everyone has overtraded. You ring your customer and they can't pay you because their client/customer hasn't paid them because Christmas wasn't as profitable as they had first thought and the vicious circle goes round and round. For a Credit Controller, the only solution is to make sure you scream the loudest and get yourselves up there to the top of the payment list.
So, unless you have a healthy set of lungs and love screaming for payment, think before you increase credit limits, overtrade and buy too much whisky.
Merry Christmas to you all!!!
