6 strategies credit professionals can implement to secure their cash collection in 2023 Credit professionals are not unused to overcoming challenges. An often-overlooked back-office function, lack of resource and investment can make delivering targets a daily battle. However, in 2023 what was already a hill has become a mountain. With economic insecurity driving an increased…
Business insolvencies hit a 13 year high in 2022 as government support measures which protected and supported businesses during the pandemic ended. According to official data the total number of company insolvencies registered in England and Wales reached 22,109 – the highest since the financial crash of 2009. Creditor’s voluntary liquidations were at their highest…
Barratt Smith Brown are excited to announce a new partnership with Inter Credit Group. The new reciprocal agreement will enable our clients to access high quality debt recovery solutions within China. In return Barratt Smith Brown will service all UK debt recovery for Inter Credit Group’s client base. Based in Qingdao, in Shandong, @Inter Credit…
In the second quarter of 2022 UK insolvencies hit a 13 year high – last beaten in 2009 in the middle of the global financial crisis. This is economic environment which demands highly proactive credit-control and collections activity to ensure you maintain cash-flow. Are your collections strategies recession ready? The number of company insolvencies in England and Wales hit a…
