Orion Cleaning
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Overdue balances reduced by £100,000 within weeks
Automated reminders improved payment promptness
Finance department has more time to resolve queries

"Within weeks of starting to use Credit Hound our overdue balances had reduced by over £100,000. Interest earned on this sum will rapidly pay back our investment in Credit Hound and less overdue balances means our exposure to bad debt has been lowered too."

Orion
John Stride, Managing Director

Target 250
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Debtor days reduced from 60 to 39 days within 12 weeks
Improved company's overall cash flow and credit control efficiency

"Deploying Credit Hound has allowed us to reduce our debtor days by a third from 60 to 39 days, and all in the course of three months. This has delivered a major boost to our cash flow and has contributed to significant cost savings across the business. Now, with a smaller and younger debtors' ledger, we are at less risk of bad debt and have also been able to reduce our interest costs."

Target 250
Mike Roberts, Finance Director

IMS Field Marketing
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Debtor days reduced from 76 to 55 in three months
Big increase in efficiency with credit controller's time freed up to concentrate on more complex credit control issues
Increased response times - now achieving an average same day response confirming receipt of invoices and payment

"Credit Hound has massively increased our efficiency. In less than three months Credit Hound has helped us to reduce the time it takes to get paid by almost a third. We are now getting paid 21 days faster and our debtor days have reduced from 76 to 55 days."

IMS Field Marketing
Steve Radford, Operations Director

Inspire Healthcare Services
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Monies owed reduced by £150,000 in first 6 month
Credit control is faster and more professional

"The combination of Credit Hound and Spindle Professional are very time and cost effective. Having a record of every single contact you've had with each customer on the screen in front of you is hugely beneficial. You can explain when you last called, what the response was and so on; being very factual allows you to be so much more professional when handling objections and excuses for outstanding payments"

Inspire Healthcare Services
Gerri Hall, Finance & Payroll Manager

Redtooth
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Reduced bad debtor days
Increased control over credit management

"We deal with a lot of small businesses, so it was essential for us to invest in sophisticated software that would help us to manage the credit control process more effectively, enabling us to trace and track our overdue accounts. We were amazed with Credit Hound when we first saw the demo, and decided to install it immediately. Its positive impact on the efficiency of our business has been invaluable. We would happily recommend it to others"

Redtooth
Rachel Bossingham

Top Gear Recruitment
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Improved credit control and reduced risk
Use the whole suite of Draycir products to improve processes

"With around 350 active customers on the ledger at any one time, it would be impossible to keep the records completely up to date using manual processes and spreadsheets. Running an automatic chase program in the background, Credit Hound links with the Microsoft Outlook calendar and prompts us to take the appropriate action, without us having to remember what is due when. It's very easy to use; I've just trained a new junior on it and she 'got it' immediately."