Improving and Managing Cashflow:

Make Cashflow Problems a Thing of the Past

Cashflow Problems

The state of a company’s cashflow is one of the primary factors impacting on the financial health of a business.

Cashflow problems are created when there is a time lag between when you collect money from your customers and when you have to pay your suppliers.

Cashflow problems can affect your whole business and in severe cases can mean the difference between success and failure.

Managing and Improving Cashflow

Put simply, managing cashflow is about encouraging your customers to pay what they owe you as quickly as possible and delaying payment to your suppliers for as long as you can.

Managing and improving cashflow is at the heart of the services that OnStop offers to its members.

We enable our members to manage their cashflow problems effectively by helping them to secure payment from customers who owe them money, quickly and easily.

How Our Cashflow Management Programme Works

1. Encouraging Payment to Reduce Cashflow Problems

Members of OnStop can choose from a range of professionally written letters to send to customers who owe them money. These letters encourage them to settle any outstanding payment issues within ten days or face being blacklisted by OnStop.

In our experience of managing cashflow, letters from third parties normally get a faster response than letters sent out by the company which is owed money.

In fact, 95% of companies that receive an OnStop letter pay within the ten day window, thereby improving our members’ cashflow.

Furthermore, OnStop’s cashflow management process also helps members to retain customers after payment disputes have been resolved.

This is because unlike conventional ways of chasing payment (such as legal action) which can adversely affect customer relationships, OnStop encourages dialogue to resolve cashflow problems.

This means that customers are less likely to feel aggrieved and as a result continue doing business with our members long after the payment owed has been made.

Click Here: Start Improving your Cashflow Today by Joining OnStop

2. Preventative Measures to Prevent Cashflow Problems

OnStop has a database of blacklisted companies that are cashflow risks, which is accessible to members.

Any member can search this database to see if a company that he or she is planning to do business with has been blacklisted because it has not paid another member promptly.

This is a valuable source of information for managing cashflow. By searching the database, members can avoid cashflow problems by evaluating whether a potential new customer is likely to be slow in making payments based on other members’ experiences of them.

We offer our members up to the minute information to help them manage their cashflow, since our database is updated whenever a company is blacklisted.

Click Here: Start Improving your Cashflow Today by Joining OnStop

Our national database of companies protects our members from cashflow problems caused by customers not paying them on time.

Cost of Joining the OnStop Cashflow Management Programme

We charge an annual membership fee and £1 for each letter that we send out to your customers.

Searches on the OnStop database are free.

The membership fee is based on your company’s turnover:

Turnover of £500,000 or less: £95 plus VAT

Turnover of £500,001-£1,000,000: £200 plus VAT

Click Here: Start Improving your Cashflow Today by Joining OnStop