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The Pen Is Mightier than the Sword

“The pen is mightier than the sword“. According to google this phrase was “coined “by Edward Bulwer-Lytton for his play “Richelieu”. This is something I regularly quote when I hear many horror stories about people “killing” people over money owing. It is a very emotional issue!

I recently went to help a business owner based in Concord in the telecommunications industry. He had $380,000.00 that was more than 90 days overdue. Remember, the older the debt the harder it is to recover! They were sick of being treated like a bank to fund their customers and were struggling with their cash flow.

So working out a solution to address their problem has resulted in my customer implementing Terms of Trade and Veda into their business. The result is they now monitor customers for credit worthiness and are protected legally by Terms and Conditions of Trade in the event of non-payment by a debtor. They now are also able to save time by not having to chase debts because if they are overdue EC Credit Control steps in to chase these up automatically with the debtor liable for the associated collection costs! And surprise, surprise their cash flow has improved significantly too!

Regional Contacts

New South Wales

Sydney 1300 362 070
Sydney Local Call 02 8905 4900
Corporate Collections Hotline 1300 961 916

Queensland

Brisbane 07 3145 0500

Victoria

Melbourne 03 8102 0500

South Australia

Adelaide 1300 361 070

Tasmania

Hobart 1300 438 332

Western Australia

Perth 08 6214 0500

ACT

Canberra 1300 438 332

Regional Manager – Inner West Sydney

 

Monika Chauhan EC Credit Control

Monika Chauhan
Area Manager
Inner West / Sutherland Shire
0417 664 160