Credit tools is an innovative Credit Management solution containing more than 100 professional tools in order to improve your accounts receivables management and reduce the risk of unpaid invoices, only for 29 euros :

• business solvency analysis tools,
• contract templates,
• dunning letters in different languages to improve your collection,
• tutorials and tips to improve your DSO.

05/18/2012 Source Credit tools

The crisis increases its effects on businesses !



SME failures up sharply!

In the first quarter 2012, business failures recorded in France are up slightly over the same period in 2011. Indeed, they increased by 0.3%, exceeding for the fourth consecutive year the threshold of 16 000.

Thus, 16 206 judgments of bankruptcy or liquidation proceedings have been identified directly or 3,500 more than before the crisis...  

Needed tools, retention of title and the forfeiture of the term clauses have to be included in your contracts and your Sales conditions in order to protect your business in case of :

- insolvency and bankruptcy of your customer,
- deliberate default payment from him.

They will help to recover your due amounts.

Negociate a payment plan

Your client doesn't manage to pay your bills because of cash issues.

After making sure he is willing to pay, negociate with him a payment plan, then contractualize the agreement with one of our template.

It will be assimilated to a debt acknowledgement which will help in case you need to make a legal action against him to get paid.

Be challenging with your customers about invoices settlement like they are with you regarding the quality of your products and services.

Use our collection tutorials and our dunning letters templates which have proven their efficiency to collect your invoices.

Implement our collection process in your business has many advantages and will contribute to improve your cash. 

Understand and analyze easily the balance sheet and income statement of your customers.

You will learn in three pages the basics of the financial and solvency analysis.

This analysis is essential in your credit risk approach.
Let's try, it's simple ! 

Bank guarantees

Get a bank guarantee on demand from your client in order to make sure you will be paid...by your client or his bank in case he is unable to pay you.

This guarantee is very safe. In case of default payment of your client, you just need to send a formal letter to the garantor (the bank) to be paid immediatly. 

Calculate your DSO with a few clicks.

Measure your accounts receivables management performance with the DSO (Days Sales Outstanding).

The DSO is the number of days of sales fixed in your business accounts receivables. Reduce the DSO and you will significantly improve your business' cash