Customer loyalty is something hard to get, and easy to lose. At Point Credit Solutions, we value a client and debtors relationship. On behalf of our clients, we do everything we can to get to the bottom of the debtors payment issue. A huge mistake businesses make is poorly solving problems with deli...

10.22.2020 01:04 AM - Comment(s)

Days Sales Outstanding (DSO) is the average number of days that receivables remainoutstandingbefore they are collected. It is used to determine the effectiveness of a company's credit and collection efforts in allowing credit to customers, as well as its ability to collect from them.


To calculate you...

10.20.2020 12:01 AM - Comment(s)

As a business, it is important to understand your clients. Weather it is a first timer - or a 'regular' one must do their research. To ensure your product and/or service will be paid for, first determine the customers ability and likelihood of settling a debt within agreed credit terms. 


If a c...

10.16.2020 01:30 PM - Comment(s)

Cash flow is the life blood of any business. If your business extends credit to your customers here are five suggestions that will help you get paid faster every month!
 

1. Ask for Payment in Advance
You might be surprised by the number of customers you have that are willing to pay in advanc...
10.12.2020 03:40 PM - Comment(s)

The acquisition of FreeAccountsReceivable.com will allow Point Credit Solutions to offer a free tool to accountants, and business owners. This tool will give vital information regarding current credit policies,  current aging of accounts, and compare to industry standards and best practices. Th...

02.02.2019 08:04 PM - Comment(s)