Turn Your Overdue Invoices to Cash
The Overdue invoice collection should begin just as soon as the account becomes overdue.
The success rate for collecting overdue debts that are ‘fresh’, within 2 weeks of the due date, is over 95%. Usually, the money is received within a week of CMS being instructed.
Our approach to your customer is always friendly and business-like. We remind your debtor of their commitment to you and ask them to pay you directly, this minimises delay and reinforces relationships.
Regular users of the CMS Overdue Account Recovery service see a significant reduction in the time burden of collecting debt and a significant cash flow improvement from earlier payment.
Customers are almost never lost collecting overdue debt.
Fixed Rate Litigation For Debt Recovery
Occasionally, customers will simply not pay until legal action is taken. If you are already a CMS client the process is streamlined and the existing dossier of documents together with contact notes is passed to the CMS litigation team.
The experience of CMS is that in over 90% of cases prepared for litigation the matter is resolved by payment of the debt and costs before a Court hearing.
FREE GUIDE TO DEBT RECOVERY
The CMS guide to debt recovery sets out the steps to litigation for the recovery of trade debt empowering you to act for yourself and evaluate the value of the CMS fixed price service.
