June 2007
Take a look at our FAQ page and find answers to the most common questions answered by the Better Payment Practice Group.

May 2007
As a purchaser, you must foster good relationships with your suppliers. They are important to you. Click here to learn more about the benefits of paying your bills ontime.

April 2007
Sign up to the Better Payment Practice Code and show that you are committed to reducing late payment in the UK. You can also display your website and sector of business to like minded Companies. Click here to sign up!

February 2007
Did you know that you can claim interest on debts up to 6 years old? Even if you no longer deal with a Company, you can claim interest and debt recovery compensation retrospectively. Find out more by reading 'A users guide to Late Payment Legislation'.

January 2007
Make it your New Year Resolution to get your credit management systems in order and make sure you are paid on time and that you also pay on time.

December 2006
Beware of customers seeking large credit facilities over the Christmas period from unsuspecting suppliers. Click here for more information on protecting your cash flow during periods of disruption.

November 2006
From Acid Test Ratio to Z scoring. Click here for our A to Z of Credit Management Glossary.

October 2006
If you are starting a new business it is vital to get your credit management systems set up and running efficiently right from the start. Click here to view our comprehensive guide for new businesses.

August/September 2006
Many suppliers ask risky customers for an advance before releasing goods or providing a service. Click here for more information on risk reduction techniques.

July 2006
Always confirm your credit terms in writing to avoid abuse from late payers. Click here for further information on terms of trade

June 2006
If a letter is returned via Royal Mail marked ‘Addressee Not Known’ or ‘No longer at this Address’, never assume that this is actually the case, as many practised debtors simply return a letter as ‘Gone Away’ to give themselves more time. Click here for more tips on tracing debtors.

May 2006
If customers ignore your reminders for overdue payments, it may be more effective to use a third party to pursue the debt such as employing a collection agent or getting a solicitor who specialises in debt collection to write a strongly worded letter on your behalf. Click here for further information on using third parties.

April 2006
When dealing with a phoenix company always follow up trade references and check the directors themselves to avoid falling foul of serial abusers. For more information on phoenix companies, click here.

March 2006
Minimise the risk of longer credit periods with the help of a credit insurer. Click here for further information.

February 2006
Protect your business credit rating by always paying on time or you may detrimentally affect your ability to get credit from banks as well as suppliers. Click here for more information on credit ratings.

January 2006
To minimise the risk of fraud don’t accept a cheque, or banker’s draft, from someone unless you absolutely know and trust them. Click here for more tips on receiving and issuing cheques and preventing fraud.

December 2005
Beware of customers seeking large credit facilities over the Christmas period from unsuspecting suppliers. Click here for more information on protecting your cash flow during periods of disruption.

November 2005
To minimise the risk of bounced cheques, always ensure you know the creditworthiness of your customers before accepting a cheque and consider using more secure methods of payment such as CHAPS for high value payments. Click here for more more advice on sending and receiving cheques.

October 2005
Find out if your customers are suffering financially by taking the BPPG Insolvency Diagnostic Questionnaire