invoicediscountingcompare.com True cost of your credit management

Cost of credit management calculator

	Number	Average cost per item	Annualised Cost	% of total cost
Monthly administration costs
No invoices do you issue per month?
No credit notes issued per month?
No statements issued per month?
No reminder letters issued per month?
No Solicitors letters issued per month?
Monthly postage spend?
Monthly finance & bank charges
No cheque's do you Bank per month?
No returned cheque's per month?
Monthly staff costs
No hours a week do Senior Management spend chasing debts?
Credit Controller salary per month?
Other staff costs per month?
Monthly telephone/fax charges?
Rent, rates, heat and light per month?
Monthly credit management fees
No credit checks do you buy per month?
Other costs?
Annual credit management fees
How much do you spend on debtor credit insurance last year ?
What bad debt did you incur last year?
How much did you spend on legal action last year?
Other costs?
*Total annualised costs*:

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