C2it Commercial Collections, the business that helps SMEs optimise their cash flow by invoice collection, debt recovery and cash flow, is relocating to a larger office in August 2014. The move follows rapid expansion of the business since its launch in May this year.

C2it Commercial Collection’s new office, at The Maltings, East Tyndall Street, Cardiff, is being designed to cater for anticipated continued expansion in the coming months.

C2it is also adding to its team. Daniel Steere will be joining the company as a collection agent. Daniel has experience in client facing roles and a reputation for excellent customer service.

Emma Cooksley-Lewis, founder and managing director of C2it Commercial Collections, said: “We knew there was a niche in the market for C2it, and this early growth fully bears that conviction out. We are very excited about moving to the new office, welcoming Daniel to the team and enhancing the experience enjoyed by C2it clients.”

At the centre of C2it’s offering is its bespoke software, which enables every client to enjoy a tailored, sustainable and holistic service.

With an estimated £31 billion due to UK SMEs in outstanding debt, C2it gives business owners a formal structure for invoice collection and debt recovery. While leaving clients free to develop their businesses, C2it’s services also place them on the best possible footing should they seek funding, credit or other financial services.

Services
Consultation

Through an initial consultation, C2it will assess the effectiveness of every client’s existing processes and systems. This extends to the optimisation of job roles with the aim of supporting accounting and cash-flow objectives. From here, C2it prepares a bespoke framework to support the stability and growth of the business.

Terms of Business
C2it ensures terms of business are legally enforceable, yet fully aligned to the client’s commercial objectives. For clients without formal terms of business, C2it will provide the assistance needed to produce a document appropriate to their industry sector. Once in place, quality procedures keep the terms of business fully up-to-date.

Invoice Management
 Through monthly contact, C2it gives clients relevant advice and advance warning of potential late payments. Experienced with all major accounting systems, such as Opera Exact Sage, Xero and IRIS, C2it contacts clients when invoices become overdue and refer critically late payers to the debt service.

Debt Recovery Support
Tracing services help determine the situation of debtors and the likelihood of success when pursuing aged debt.