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INTERNATIONAL ASSET SERVICES LTD.
We justify even the most BOLD expectations
The SYHECA Program
Our SYHECA program ensures excellent management of all your company's receivables!
NEED HELP HANDLING YOUR RECEIVABLES?
Set up a meeting to learn more about our SYHECA Program by clicking the button below.
BE SURE TO SET UP THE MEETING UNDER THE SECTION WITH THE TITLE, CREDIT MANAGEMENT/ SYHECA PROGRAM.
What is Cash flow?
It is the movement of money received and spent by a company… in others words “the key ingredient to a successful business.”
People often confuse and associate making a profit with a successful business, however that is not the only part of the equation. Profits are merely promises, not actual money coming in. Hence, in order to ensure that your bills are paid in a timely manner, you would need to study the importance of your cash flow.
N.B- In order to have a healthy business, you need both profit and cash in hand.
Let us share Pareto's Theory with you...
What affects Cash flow?
One word..."RECEIVABLES"
What is Receivables?
Represent money that is owed to a company by its customers in exchange for goods or service that have been delivered or used but not yet paid for.
Do you know the age of your Receivables?
By age we mean, the length of time it takes to collect for a product sold or services rendered. Also take into consideration that the legal time frame that debts are deemed collectable is 7 years
Pareto’s Theory 80/20 rule – states, “focus most of your energy on the things that will give you the best returns, which is usually 80%/20%”.
If you should do a quick analysis of your business, you will recognize that 20% of your activities usually contribute to 80% of your business success.
In this context, your focus should be on the main thing that will produce 80% of your business success, and that is your “Core Business”.
HOW CAN WE HELP YOU FOCUS ON YOUR CORE BUSINESS?
BY OUTSOURCING TO US!
Outsourcing can be done in two ways 1 Partially outsource 2 Fully outsource
Partially outsource (debts that are considered out of your regular operating invoice dates. These accounts are usually considered bad debts. The benefits of collecting these debts are that it goes directly to your bottom line.
Fully outsource ( this will include receivables to be actioned before they become non performing. The earlier the process of collecting is commenced, the less receivables you will have. This will allow you sufficient cash flow to operate your business.
