Dear Friend,

Before I tell you precisely how ‘The Ultimate Credit Control System’ is going to improve the profitability of your business, let me give you six facts:

FACT #1:

UK Business groups report that late payment of invoices is the biggest single issue facing small businesses.

FACT #2:

35% of all late payment cases in the EU are deliberately withheld.

FACT #3: Insolvency Practitioners report that 64% of business failures were due to ‘inadequate debtor management’.

FACT #4: The average amount outstanding to individual UK companies is a massive £61,000.

FACT#5: Small and medium businesses are being forced to wait an average of 46.6 days beyond the agreed payment terms.

FACT #6:

More and more large companies are imposing extended payment terms on their suppliers.