I met with a landscaping company in Coffs Harbour last year who were suffering cash flow problems due to having difficulty ensuring that account customers were paying them in full and on time. I explained how the implementation of a comprehensive credit management solution would allow them to recover the money that they are owed in a timely manner.
The credit management solution included Terms & Conditions of Trade documents and Commercial & Domestic Building Contracts that gave the landscaping company the best possible chance to collect debts in full and on time.
The landscaping company was hesitant to use the new documents at first as they were concerned that customers would be frightened away by the paperwork. The company understood, however, that these documents are designed to comply with the law and protect both parties and they went ahead.
End result landscaping company's customers are very happy with the professionalism of the new documents and the landscaping company no longer has cash flow problems.