How to optimise your debt collection rates.

There are 4 key factors that will give your business the best chance to optimise your debt collection rates. Consider these elements and you will support your organisation’s cash flow and minimise bad debt. Do not let your ledgers age There is a strong correlation between the age of invoice and its collectability. As a…

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Barratt Smith Brown Become FCA Regulated

Mark Smith, Ashley Barratt and Richard Brown, owners of global debt recovery and credit management service provider, Barratt Smith Brown are pleased to announce they have successfully completed the FCA approval process and are now a FCA regulated company. Ashley Barratt, CEO of Barratt Smith Brown stated “Becoming an FCA regulated company is critical to…

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Debt collection industry trends

6 Debt Collection Industry Trends for 2022

This article takes a look at the debt collection industry trends we predict will be seen as UK business gets back to normal post the Covid-19 pandemic.  Credit-management teams across the globe will be hoping for an ease from the pressures of maintaining cash flow during the pandemic. However, post Covid-19 the business world has irrevocably…

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Impact of Russian Invasion of the Ukraine on Energy Prices

As Russia pushes its invasion of the Ukraine forward there is growing concern over the political, social, and economic impact of the conflict. An area of key concern is the impact on the price of energy and fuel. With UK and European consumers already experiencing sky-rocketing prices since pandemic there are tangible concerns that the…

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UK Debt Collection Industry Trends 2022

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credit and collections post COVID-19