Brilliant Credit Management Pty Limited

Brilliant Credit Management has developed a number of unique credit procedures that have been successful with a number of companies in:

 Ø  improving their cash flow

Ø  improving the quality of their debtors portfolio

Ø  reducing delinquencies, and

Ø  reducing the cost of credit

Enjoy Inspire provides strategic management services to businesses and organisations in the tourismand artssectors.  

We help our clients to develop strategic plans and business plans, to bring business and cultural opportunities to fruition and to facilitate deep and meaningful conversations among key stakeholders.

We also help our clients to manage risks, providing clients with the confidence to face uncertainty and reduce threats to profitability.

Among these risks are accounts receivable. If your business or organisation is taking group bookings or events bookings you may often provide a line of credit. What should you do when your invoices are not paid on time, and how should you manage your credit to optimise business while minimising the risk of bad debts? 

Enjoy Inspire can assist. 

Brooke Bird is a specialist firm of insolvency practitioners. We provide a focused, efficient service using a team approach and personal service in all aspects of insolvency administration.

Dominic Varrasso is the principal of VarrassoLegal a commercial legal firm. Dominic commenced his legal practice in 1976, initially as Varrasso & Co., recently as Varrasso & Associates and now as VarrassoLegal, Dominic is a member of the Law Institute of Victoria (LIV) and has been in practice in his law firm for 35 years as a Commercial Lawyer.

Welcome to Effective Credit Management

Effective Credit Management specializes in commercial debt recovery. ECM now services key commercial accounts with a strict emphasis on collection results and professional attention to maintaining a good and effective credit policy.

Whilst we are also mercantile agents, our service is that of credit management.  We believe in practicing prevention rather than cure as in many cases there is no cure for a bad debt currently available.

Therefore at Effective Credit Management, you have the support of professionals from both worlds of commercial debt collection and credit management. As Debt Recovery and Credit Management with Training are our core strengths, we are pleased to offer you cost effective and focussed support that will improve your cash flow.

At Effective Credit Management our experience has been that the timely collection of the accounts receivable ledger is a vital key to business success. We believe that the effective use of a reputable third party collection agency within the debt recovery process, will have a very positive impact on the cash flow of a growing business. We are confident that our experience and expertise in this important area will be beneficial to your business and we invite you to discuss how best we may support you and your business.

Mike Howard and Faye Whiffin have been both engaged in the Credit Management profession since 1980 and have gained a significant insight into what works and what does not. It is our stated belief that prevention is better than the cure and hence our focus on credit training, credit policy implementation together with a common sense approach to collections, litigation and insolvency.

Effective Credit Management is a proud member of the Institute of Mercantile Agents and ACA International with both these respected organisations demanding a high level of Ethics and Compliance both here in Australia and in the United States where ACA is headquartered. Mike and Faye are long serving members of the Australian Institute of Credit Management and are well credentialed to assist you in all credit related matters.

What is Conferisk?

Conferisk is an interactive community that can provide you with access to real-time credit risk intelligence on the customers you do business with.

By searching our database you can find out whether your potential or existing creditors have been negatively rated or logged as credit defaults by other members of the Conferisk community, or for that matter any other business supplier. Thus giving you the insight to quickly assess whether they represent a reasonable credit risk. With this up-to-minute, ‘from the horses mouth’ intel you are then able to make a more confident and informed credit management decision... essential to running your business effectively.

What’s more!
You can also flag debtors as potential problems for other industry members who may unknowingly become the victims of ‘supplier hopping’ (i.e. where a customer defaults with one supplier only to switch to another unsuspecting supplier). Or positively rate good customers enabling them to quote their positive Conferisk rating when talking to new suppliers.

A First for Conferisk!
What makes Conferisk unique is that if an industry group identifies that a creditor is in the early stages of financial stress, they can collectively approach that company and formulate a plan to assist them over a short term liquidity crisis (such as a business landing a large contract that is beyond its immediate resources to fulfill but represents a major opportunity to the company and its suppliers in the longer term).

Trade Bureaux Australia P/l provides secretarial services to 32 industry groups Australia wide. All Members have access to an extensive Trade Reference Data Base via the web

Improve your cash flow.
Remove the stress of slow-paying clients.
Grow your business.

What could your business achieve if up to 80% of all outstanding invoices were paid into your bank account today, without the need for property security?

If you are a business which sells to other businesses on credit terms, then debtor finance could provide scalable funding as your sales grow (unlike overdrafts).

How does it work?

Oxford Funding helps you convert sales into cash by buying your approved sales invoices from you. We then pay you up to 80% of the total invoice value, usually within 24 hours. When the invoice is paid, you receive the remaining 20%, less a small fee.

Benefits
• Get immediate cash flow for working capital and to grow your business
• The product is fully tailored to your situation and needs
• Convenient and flexible cash access as required (eg, for seasonal fluctuations)
• Flexible line of credit which grows as sales grow (not restricted by real estate value)
• Improve profitability through negotiated supplier discounts on early payment

Who is Oxford Funding?

A wholly-owned subsidiary of Bendigo and Adelaide Bank Limited, Oxford Funding is Australia's leading tailored debtor finance specialist, providing cash flow solutions for growing businesses.

Our headquarters is located in Melbourne, but we have Australia-wide representation.

To find out how debtor finance can meet your cash flow needs, call us on 1800 850 809 or visit www.oxfordfunding.com.au.

Dominic Varrasso, the principal of VarrassoAccounting, commenced as a Tax Agent in 1976, initially as Varrasso & Co. and recently as Varrasso & Associates. VarrassoAccounting is a member of the Institute of Public Accountants (IPA). Dominic is also a practising solicitor and member of the Law Institute of Victoria (LIV).

creditcollectis a debt collection & credit management agency specialising in effective credit management solutions for small and large organisations.  We aim to be seen as the leader in the industry for “case sensitive” credit management with a strong emphasis on both our own and our clients’ brand and reputation. 

Since commencing operations in 2001, creditcollecthas steadily grown to today supplying debt recovery services to regional and national clientele, in both the private and public sectors. creditcollecthas experienced exceptional, on-going growth of 20% per year for the past 4 years. This rate of growth is a key goal for the business and part of the overall Strategic Business Plan.

One of our key strategies to manage this growth has been the establishment of business divisions within the company – Local Government and Water Industry, Large Corporates & Legal Administration, Consumer debt along with Medium & Small Business. This structure has enabled us to build dedicated teams focused on retaining our “small business” ethos of treating clients and customers in ways that uniquely suit them and their businesses.

A good example of this is the success creditcollecthas had in becoming the preferred supplier of debt collection services to Local Government and the Water Industry in Gippsland. We are currently contracted to five out of the six councils and all four Water Authorities that service the greater Gippsland area as well as Southern Rural Water.

Our successes have also been rewarded in recent time with creditcollectbeing named as a finalist in the 2011 Telstra Victorian Small Business of the Year Awards and winning the overall 2011 Business of the Year in the Bendigo Bank Gippsland Business of the Year Awards.

creditcollectis very proud of its achievements in these awards and credits a great deal of its success to the dedicated, professional and loyal staff who give excellent service both to our clients and their customers.

Our tailored and personal approach differentiates us from our larger national competitors. We are proud of the fact that given the high level of “client churn” in our industry, we have not lost a major client since our inception ten year ago.

Key factors in the success of our business include

• Our exceptional team

We invest heavily in our recruitment process, to ensure we get the right caliber of personnel. We also dedicate time and resources to strong training and performance review systems. We’re proud that the last five receptionists employed at creditcollecthave all progressed to more senior roles within the team. Fostering this culture of professional development within a fun and enjoyable workplace ensures that we are always an employer of choice.

• Our strong client relationships.

Our strong client account management team is dedicated to developing tailored solutions and partnerships with our clients and their businesses.

• Our tailored, personalised service.

We recognize that one credit management solution does not fit all.  Each client is different and requires its own unique collection process.  This means we tailor our telephone conversations, letters, timeframes and reporting according to our client’s requirements.  This results in excellent collection results and a high level of client satisfaction.

·       Our non-call centre approach
creditcollecthas a personalized approach and each client is allocated a specific account manager who deals directly with you and your customers.  This gives both you and your customers one point of contact in regard to all matters.

·       Progressive, Technology driven organisation
Recently updated computer servers and managed service agreement along with upgrade and conversion to new collection system makes up one of the most advanced collection agencies in the state.

·       Ability to deliver

creditcollecthas the ability to meet all the requirements of the tender which include:

• Telephone Calls
• Letters
• Field Calls
• Company and Title Searches
• Location Searches
• Data Cleansing and Telephone Number Searches
• Issue of all court and enforcement proceedings
• Management of payment arrangements

For ten years we have been successfully providing debt collection services for the Water Industry, Local Government, corporate and consumer clients and we are sure that we can meet the specific needs of your organisation into the future.

Established in 2005, Vince and Associates specialises in corporate insolvency, business turnaround and restructuring, and personal bankruptcy.

These services include the provision of forensic investigation, litigation support and investigative accountant reports.

Founder and principal, Peter Vince and directors Kylie Wright and Danielle Roche have more than 50 years experience in the insolvency industry successfully restructuring businesses and reorganising the debt structures of highly leveraged individual debtors and partnerships.

Located in the Dandenong business services district, the firm brings a highly professional, realistic and personal approach to advising businesses and individuals in Melbourne’s south east corridor.

Our realistic approach delivers the best outcome

The Vince & Associates team are fully focused on achieving the best possible outcome for all stakeholders. The combination of large firm experience, a highly proactive attitude and the direct involvement of our directors mean we can deliver real value to both companies and individuals.

The size and structure of our practice plus the adoption of best practice technology allows our senior team to be directly involved, make informed decisions and take decisive action to restructure and resolve issues.

We are fully committed to our clients and stakeholders and undertake to:

• Take a realistic, honest and direct approach.
• Provide quality, considered, constructive advice.
• Deliver personalised, cost effective, professional service.
• Always focus on achieving the best possible outcome.