Re-sellers and wholesalers comprise a wide range of different industry types. The debt collection requirements can be diverse. Where goods are not being held on consignment, the capital requirements can be high and prompt payment in your debt collection cycle is critically important to your business. The debt collection requirements can differ significantly among the different organisations in this field with larger businesses having dedicated accounts receivables team to smaller businesses who do not have a dedicated resource.
In tailoring a debt collection service that maximises your return of funds, we assess how our services can be used to cost effectively enhance and compliment your existing debt collection practices. We fit into your debt collection cycle where you require assistance. This is different for each of our clients. We can supply a fully outsourced accounts receivable solution to a commission based / contingency based solution or any other credit control functions depending on your needs and internal resources available.
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We understand being a re-seller or wholesaler is a tough business. You make a purchase in good faith fully expecting to sell the goods at a profit. You have the financial outlay to consider to suppliers, storage costs, staffing costs, etc. You make the sale but you don't get paid. You have a dedicated and good accounts receivable team but payment still hasn't been made. We have the experience and expertise in recovering invoices using our proven debt collection system to get you results.
Large global competitors are having a major impact on your industry. Margins are getting smaller as consumers and corporates are looking for cost effective solutions. An effective credit control process can give you a platform to move forward with to a manage your cash flows more effectively and use your money where it is needed most. At LCollect we understand your industry and work with you to come up with a debt recovery solution that will see you being a competitive force in the marketplace again.
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