Sales Ledger

A business with too many outstanding invoices can find its working capital severely reduced, limiting its ability to take on additional work and move on to the next level. It is wise, therefore, to have a sales ledger management strategy in place to keep things running smoothly.

TRMS has an experienced team of professionals who have the knowledge and skills needed to conduct a thorough review of any debtor book and how best to manage it. This process can make a big difference to a company and its financial position. It enables us to verify the true sales ledger figure, identify areas where operational improvements can be made to reduce risk, and highlights the most effective options for raising immediate working capital from current debt.

Managing a debtor book could take the form of knowing customers by conducting credit checks before supplying products or services, identifying which debts are uncollectable and pursuing those where funds could be realised, utilising the best accounts receivable systems and processes to reduce any potential queries or disputes against invoices raised, or accessing a form of debtor finance such as invoice factoring.

We assist many clients with collection of late debts, and we have expertise in recovering commercial debts which have been written off and deemed uncollectable. We also offer funded and standard debtor ledger collect-outs on behalf of banks, funders and insolvency practitioners throughout the UK and beyond.