Strategic Credit Solutions

There was once a home center business with ten stores in the Western United States that decided to offer credit to their contractor customers. After a year, the home center management was scratching their heads and wondering why the receivables were turning so slowly. The beleaguered credit manager was buried with past due accounts and had no time to figure out the problem. Management called upon a consultant to have a look see and he found in short order that the company was not mailing invoices to their customers.

Sometimes, as with this situation, the collection and credit group is so busy trying to stop leaks in the dam that they are unable to step back and find the root of the problem. That’s where CreditPowers comes in. We can analyze the credit performance and root out the issues. We can make recommendations that will put the receivables on tract, improve productivity and increase efficiency.

CreditPowers has over thirty years of credit experience in a wide range of sales environments, from the conservative to the aggressive. We offer an affordable program that begins with a performance evaluation of your current accounts receivable situation. We can make recommendations that will get your department on tract and we can train the staff on sure fire methods that will achieve results. Finally, we can be a resource for information and services to enhance performance.

For more information e-mail us at patrickpowers@sbcglobal.net