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Attaché release debtor reduction publication for small business

By Jessica Stanic on Wednesday, 18 March 2009

Attaché Software have released a new publication entitled ‘Bullet Proof your Business: Debtor Reduction Strategies’ to help businesses reduce the impact of outstanding debts and increase working capital.

The publication is available to businesses free of change and comes with a Debtors Ready Reckoner chart to help businesses evaluate outstanding debtor days, along with a Debtors Reduction Checklist addressing the seven key areas where businesses can reduce debtors and improve relationships with key customers and suppliers.

Attaché Software Managing Director, Michael Rich said the publications and charts will allow businesses to “improve cash flow, increase working capital, reduce bad debts and reduce bank interest.”

According to Rich, by increasing working capital, businesses can use the extra funds elsewhere in the business.

“By increasing working capital, a business can use the extra funds for practical initiatives such as reducing a bank overdraft, updating the computer system, developing new brochures, improving the website or conducting a carbon audit.”

As part of its Debtors Reduction Strategies campaign, Attaché is also holding more than 30 seminars throughout March and April at major city and regional locations around Australia and New Zealand aimed at educating business owners on how they can bullet proof their enterprises.

For more information, please visit www.attachesoftware.com

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Related posts:

  1. Understanding Debtor Financing
  2. Small business debts piling up in financial crisis
  3. SMEs turn to debtor financing to solve cash flow woes
  4. Bad debtors on the rise – warning for business
  5. Small business advice website to beat recession


Your comments
  • Mwikisa Mainga from Ndola

    Helpful. I need help in creating a strategy for reducing bad debts.

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