Collect Wise Ltd

Collect Wise Ltd The smart way to get paid!
Businesses using CollectWise save time, money and improve relationships.

CollectWise was born from the desire to help businesses get paid on time whilst saving time, customer relationships and improving employee morale. We provide professional consultancy services and training for all types of businesses, including virtual and online training, in-house and bespoke credit control training, credit management and leadership courses, and executive business coaching.

The average UK SME spends 1.5 days per month chasing overdue invoices. That’s 18 working days per year lost on admin ins...
27/03/2025

The average UK SME spends 1.5 days per month chasing overdue invoices. That’s 18 working days per year lost on admin instead of growing your business.

Your time is valuable - What could you do with an extra 18 days of productivity?

Ps
👉 Collect Wise gets your invoices paid while you focus on growth.😉

🚨 Fact: In 2024, 23,872 UK companies went insolvent, that's the second-highest figure in 30 years.Why? Cash flow issues....
26/03/2025

🚨 Fact: In 2024, 23,872 UK companies went insolvent, that's the second-highest figure in 30 years.

Why? Cash flow issues. Businesses don’t just go under because they aren’t profitable - they go under because they run out of money......

Could your business survive 90 days without a single payment coming in?

👉 Collect Wise makes sure you get paid on time, every time.

Fact: UK small businesses are owed a staggering £32.1 billion in late payments, with the average SME waiting over 8 week...
25/03/2025

Fact: UK small businesses are owed a staggering £32.1 billion in late payments, with the average SME waiting over 8 weeks to get paid.

💡 Impact: Late payments are one of the biggest reasons businesses struggle with cash flow - and the reason why many eventually fail.

Question: How long do your invoices sit unpaid before you chase?

👉 Collect Wise helps you get paid faster and stop cash flow headaches.

The flashiest office or sleekest website means nothing if their credit rating is garbage.....Simple checks you should NE...
20/03/2025

The flashiest office or sleekest website means nothing if their credit rating is garbage.....

Simple checks you should NEVER skip:

~ Companies House: Check director history - recent liquidations or winding-up petitions.

~ Online reviews - what's their reputation like for paying suppliers?

~ Credit checks - if you have the facility.

Data + Intuition = Fewer sleepless nights.

Want to spot a shady payer early?Look for these subtle signs:~ Constantly asking to amend terms.~ Complaining about ‘adm...
19/03/2025

Want to spot a shady payer early?

Look for these subtle signs:
~ Constantly asking to amend terms.
~ Complaining about ‘admin delays’, 'person on leave', to stall payment.
~ Over-promising future deals to distract from current dues.

Remember, if they delay paying the small invoice, they'll likely not pay the big one.

Struggling with late payments and cash flow gaps?Getting paid on time is critical for your business, but delays can put ...
17/03/2025

Struggling with late payments and cash flow gaps?

Getting paid on time is critical for your business, but delays can put pressure on your finances. One key metric to track is Days Sales Outstanding (DSO)—it tells you how long customers take to pay and where you might need to take action.

✅ Spot payment delays – See exactly how long it takes to collect payments.
✅ Improve cash flow – Get insights to take control and speed up payments.
✅ Strengthen credit management – Fine-tune your approach to reduce risk and boost financial stability.

At Collect Wise, we help SMEs get paid faster with expert credit management strategies. Whether you need a collections review or a customised strategy, we’ve got you covered.

🔗 Try our Free DSO Calculator now and take the first step towards better cash flow: https://collectwise.uk/dso-calculator/

Here’s what most founders miss before the first invoice goes out:✅ Credit checks - Don’t guess, know their payment histo...
15/03/2025

Here’s what most founders miss before the first invoice goes out:

✅ Credit checks - Don’t guess, know their payment history.
✅ Companies House records - Late filings? Red flags everywhere.
✅ Online reviews - Because trust online leaves traces.

The best way to not chase payments? Avoid shady clients from day one.

🚨Silent inboxes, ringing alarms? Navigating the no-reply maze in business.Hit a wall of silence with those unpaid invoic...
19/01/2024

🚨Silent inboxes, ringing alarms? Navigating the no-reply maze in business.

Hit a wall of silence with those unpaid invoices? Welcome to the club. But here's the thing: silence isn't a stop sign; it's just a detour sign. Let's shake things up a bit.

📞 Old school phone calls: Emails gathering dust in someone’s inbox? Pick up the phone. There’s something about hearing a human voice that can turn a ‘no-reply’ into a ‘let’s talk’.

📱 WhatsApp to the rescue: If calls are being dodged, slide into their WhatsApp with a message. Make it personable, but keep it professional. WhatsApp has this magical way of breaking down formal barriers - use it to your advantage.

🕵️‍♂️ Detective mode on: The person you're emailing left the company? It's a classic! Time for some LinkedIn sleuthing or a quick website check to find the new Mr. or Ms. In-Charge.

Here’s the deal:
~ Phones are your undercover agents. Use them.
~ WhatsApp isn’t just for memes; it’s a business lifeline.
~ People move on, so should your contact list.

Remember, a non-response isn’t a full stop when chasing payment; it's just a comma. Keep the conversation moving. Be the master of follow-ups. After all, in the world of business, the one who adapts, wins.

Address

6th Floor, 49 Peter Street
Manchester
M23NG

Opening Hours

Monday 9am - 5pm
Tuesday 9am - 5pm
Friday 9am - 5pm

Telephone

+441865306753

Website

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