The Gold Standard in Credit Management
"We were managing a substantial funding facility and instructed Sovereign Credit Management to conduct a telephone debtor verification. Their team turned around the project at resounding speed. Within just 24 hours of my request, Sovereign Credit Management had prepared and delivered an in-depth debtor verification report of the highest standard. This covered all debtor related issues comprehensively and I am very pleased and impressed with the clarity and detail of the results. As such, I would be pleased to instruct Sovereign Credit Management again and very happy to recommend them to others.” David Nadler, Head of Client Management, Santander Invoice Finance
"I strongly recommend Sovereign Credit Management, their team worked very closely with me and I have complete faith and confidence in their work and collections capability. Recently they conducted a pre-verification on a substantial transaction, where they called the debtors and provided electronic evidence of the confirmation of balances. Because of Sovereign’s rigorous approach, we knew precisely what we were going into with this deal and we recovered our position quickly and very smoothly."  Gerry Hoare, Deal Bureau
"We work with Sovereign Credit Management on the basis of a totally confidential outsource service. Unlike most outsourced services, by selecting Sovereign we feel we actually have more control, not less. This, in turn leads to improved predictability of outcome, work quality and timeliness. At Sovereign, they are accountable for results and deliver on them day-in, day-out. Their sense of ownership differentiates them from other organisations in this market. We look forward to working with Sovereign for many years to come. We view them as partners in the truest sense of the word." Major Telecoms Company £35m Turnover
"Sovereign Credit Management has been working as a close extension of our company for over 20 years on a varied mix of collections and special projects. In all of that time, they have smashed the KPIs in every champion / challenger scenario. They are painstaking in their approach to ensuring quality and work with us with sensitivity, passion, drive and commitment. However large or complex the assignment may be, you can always trust in Sovereign to deliver on their promises. I don't think you can say more than that about any partner organisation." Alison Bruty, Thomson Local
"Sovereign Credit Management’s rigorous and proactive credit control has proved vital to the stabilisation of our business and is managed to very tight KPIs. Sovereign has worked with us to develop new procedures aimed at providing efficiencies and increasing working capital whilst being complimentary to our way of working. This is a tough marketplace, where the accepted industry standard for settlement of an invoice on 30 day credit terms today stands at 60 days. For a working capital intensive business like ours, we see Sovereign as an essential and integral part of our company." Leading Print Supplies Company

News

Sovereign Credit Management – The vital component in credit control

A large distribution company with over 8,000 trade customers was subject to a company audit, which Sovereign Credit Management was asked to carry out on behalf of a major lender. The audit incorporated a thorough and complex sales ledger review with an additional confidential TDV to provide an analysis of the working capital management cycle. [...]

Sovereign Credit Management – more food for thought

Sovereign Credit Management was asked to look at, and provide a greater understanding of, a £5.4 million sales ledger IRO for a food manufacturing business.  Our client wanted to gain a clearer picture of how the business was performing and needed to ensure the quality of the debtor book was commensurate/in line with the trading [...]

Champion Challengers – Testimonial from Alison Bruty, Thomson Local

Sovereign Credit Management has agreed a new, sole-supplier agreement with long-standing client Thomson Local.Com, which sees them secure 100% of all debt placements passed by the Farnborough based company. Director of Client Services, Jason Goodger comments: “Thomson Local.Com has been one of our longest serving clients since our inception and it is with great pride [...]

Christmas Opening Times

Once again the festive season is upon us, so please find below details of our operating hours throughout this period: Closed from 5pm on Friday 23rd December 2011. Opening 9am Tuesday 3rd January 2012. We would like to take this opportunity on behalf of all the Directors and staff of Sovereign Credit Management to thank [...]

Sovereign Credit Management – Lending Certainty to Debtor Verification

A major UK lender asked to use Sovereign Credit Management’s rapid 24-hour Total Debtor Verification (TDV) product.  We were able to re-assign one of our teams to carry out a confidential in-depth and detailed TDV across a £1.3m ledger, which included consolidated invoicing and complex relationships with local authorities. The lender had informed us that [...]

Sovereign supports local community

Sovereign Credit Management is pleased to announce its continued support of local groups Findon Valley Pre-School and Henfield Youth Club. Speaking about the relationships, Jason Goodger (Director of Client Services) commented: “We are delighted to support such groups, they are both close and personal to the directors of Sovereign Credit Management – we are actively involved [...]

The time for firms to plan for interest rate rises is now

Whilst the Budget hasn’t heaped excessive pressure on distressed businesses, the prospect of interest rate rises is a tightrope that could yet serve to strangle some businesses, precipitating insolvency. Sarah Hatswell, Managing Director of Sovereign Credit Management comments: “Whilst most business lobbying groups have focused on the Government’s disinclination to extend the NICs holiday nationwide for [...]

ICM and BIS monthly cashflow ‘tip’ to small businesses

The Institute of Credit Management (ICM) and the Minister of State for Business and Enterprise Mark Prisk have published their monthly ‘tip’ for small businesses to better manage their cashflow. ‘If you don’t ask, you won’t get. Invoice as soon as humanly possible after supplying your goods or service. The sooner the invoice is received, [...]

Sales Ledger Management

Sales Ledger Management

Debt Recovery

Debt Recovery

Debtor Verification

Debtor Verification

Specialist Situations

Specialist Situations