Below are 7 Simple Steps to Ensure You are Safeguarding Your Organizations Cash Flow !



As a credit grantor, you should be aware of some basic principals when extending credit to clients:



• Extending credit carries an unavoidable element of risk. You will
experience cash flow loss through debt regardless how carefully you
screen and babysit your potential and current client base.
Unfortunately is a "Fact Of Life" for Financial Executives.



• There are fundamental policies that you MUST create, implement and
consistently enforce to achieve your most successful Cash Flow profit.
Of course No Policy ensures No Risk involved, however if enforced, the
risk can and will be minimal.



• Both parties must have complete definition of all credit terms and
conditions involved within the credit agreement. The agreement MUST be
signed by BOTH parties. Proper One-on-One review with each new client
agreement is not only necessary, it is also crucial in the outcome.



• Consistent and diligent follow up of every account should be documented and verified.



• "Financial Check Up's" should be completed on new, current, and long term clients regularly.



• Accounts should NEVER move from one aging bucket to the next without
being placed with a third party collections firm UNLESS extenuating
circumstances or payment arrangements agreed upon with signatures are
in place



• Make Your No Mean No. Once terms are broken and you agree to a new
payment arrangement, DO NOT revise again. Your Yes MUST mean Yes and
Your NO Must mean NO. If not, there will be no respect, or adherence to
any policies by your customers and your company and payments will never
be a priority.



My firm, ABNA International, offers Receivables, Credit and Collection
Services to Businesses Worldwide at NO upfront cost or Risk. With over
30 years of experience, ABNA International can immediately reduce DSO,
increase cash flow and strengthen your bottom line , again at NO
upfront cost. With offices, financial advisers, collectors, mediators,
investigators and Attorneys globally, ther are never any language, time
zone or business culture barriers. We are able to assist your clients ,
create a sense of urgency for them to pay and NEVER alientate your
customer base. If you have questions, or if your clients are showing
Red Flag Signals, give me a call today!



Jennifer Stacey

302 883 8564

jstacey@abna.us

www.abna.us