â€œLast Monday, Doug Manson, Area Manager, Outer Eastern Suburbs Melbourne for EC Credit Control, visited a Plumbing and Gas Fitting company located in Croydon, who wanted to know what services and products, EC Credit Control has and how these can benefit him and his business.
After a discussion about what his company did and what particular Credit Control and Management problems he had had in the past, in terms of slow payers, or customers, that refused to pay at all, we discussed how EC Credit Control services could assist him.
The client was interested to learn, that EC Credit Control, can prepare a Comprehensive Terms of Trade document, that as a first point, outlines for both his client and himself, what each party's responsibilities are, in terms of provision of Plumbing and Gas Fitting services and the payment for these, by his customers. This document, helps to remove any ambiguities that may have been in the minds of my prospect or his customers, about what service/payment responsibilities, they were both agreeing too.
We also discussed, how obtaining a Credit Rating check, through membership of the Veda Credit Ratings company, could assist my Croydon prospect, to gauge his customers capacity to pay his bill by reviewing the timeliness of their previous payments, for various services they have used in the past year or so.
My Croydon prospect, knew about the PPSA legislation, that will allow him to register as a Secured Creditor, against any of the companies/customers, he does business with, to ensure his equipment and materials and also the value of the credit he provides to his clients, but wasn't aware of the â€œPreferential Payment Clawbackâ€ provision. Doug was able to advise him, of the benefit of using the voucher system, that EC Credit Control can provide for him, so that he can easily register his interest against his customers, on the Government website.
The prospect is now undertaking to review the information regarding EC Credit Control services, I provided to him during our discussion and has initially indicated a will to purchase a Comp TOT and other services, as a package deal. This will ensure he has the best future protection, for his business.â€