Why Are Accountants So Terrible at Managing Their Own Credit Control?

😆 It’s ironic, but true—many accountants, who are brilliant at managing their clients' finances, often struggle with their own credit control. Why is that?

🎯 Focus on Clients: Accountants are laser-focused on delivering results for their clients, which often pushes their own credit control processes to the back burner.

💪 Overconfidence: Many accountants believe they can handle their credit control when necessary, but they underestimate the time and follow-up required to keep payments on track.

💻 Lack of Dedicated Systems: While they set up strong financial processes for others, they sometimes don’t have the same dedicated resources or automated systems to follow up on overdue payments for their own business.

🤷‍♂️ Professional Relationships: Accountants often hesitate to chase payments aggressively, fearing it could damage professional relationships with clients.

💏 It's clear that even finance experts can benefit from outsourcing their credit control to stay on top of cash flow. 

At Debtorly, we specialize in managing credit control so accountants can focus on what they do best. 

📩 Learn more at www.debtorly.co.uk.📩 

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