Case Study - Wholesale Animal Feed Industry

The Business Challenge - Debt Collection

Amril were contacted by the MD of H.M Scarterfield as he was passed our details through a business associate of ours.

We discussed the situation in detail and the reasons why this situation has now come to head.  Like the majority of companies, when dealing with clients you try and discuss the situation and sometimes the dialog breakdowns Unfortunately most businesses leave this process far to long and this make the job of collecting far harder.

Solution

We started a dialog with the company that owed the debt, and after long discussions we came up with a payment plan that suited both my clients’ wishes and supported the debtor.

Results

This can be a time consuming process, but it does have its benefits.  We managed to clear the debt for Scarterfields, our client stated that he did not think it likely that we would succeed as they had been having trouble with this customer for well over six months, so was very pleased with the outcome.