Credit Management Advisory &
Whether it’s verifying debtor information by phone,
or recovering your accounts receivables,
our expert team have you covered.
Or call our team today on 01766 772288
The recovery of an Accounts Receivable (“AR”) ledger is key to maximising recoveries for Creditors in an Insolvency scenario. In the case of Asset Based Lenders (“ABLs”) recovery of their client’s indebtedness in full is the acid test of the valuation of their collateral. We work with Insolvency Practitioners (“IPs”) and ABLs to formulate a recovery strategy that focuses on maximising recovery for all creditors, both secured and unsecured.
Our Operations offer a rapid response (on-site within 24 hours), single or multi-day fieldwork, remote fieldwork using bespoke technology and data extraction, and overseas work. We are flexible and listen to and understand your ledger requirements responding with both risk and commercial awareness.
Effective credit management is a key pillar of profitable trading and an integral part of the management of a business. It is not simply a debt chasing chore, it is a management function. We will provide you with new best practice ideas, to improve quality and efficiency within your credit management functionality, based on our years of experience in undertaking these reviews.
We partner up with Insolvency Practitioners or turnaround professionals to provide stakeholders with an in-depth analysis of a Company’s accounts receivable (“AR”). Our work is guided by the engagement terms which will include a comprehensive “drains up” review of the AR ledger.
We seek to engage with and support monitors appointed to Moratoriums under the Corporate Insolvency and Governance Act 2020. Specifically, our support is focused on all matters of Credit management and debt recovery, and funder support.
This service is focused on businesses large and small. As a large business, you may want to “champion challenge” your in house Credit Management team to ensure that they are performing at an optimum level. As a small business you may find the Credit management and debt recovery is taking your eye off production and running the business. CCICM is a safe pair of hands to entrust this very important task to.
CCICM provides a variety of services within the debt recovery industry. We work for governments, The NHS, local authority or privately-run care homes, Banks, Asset Based Lenders, Accountants, Private Equity Houses, and multinationals and SME’s, who all rely on us to recover their UK and overseas debt.
CCICM has a dedicated team, experienced in the completion of telephone debtor verification (TDV) assignments, covering accounts receivables both domestically and overseas, in a range of currencies.