Kredcor Articles
Commercial Payment Arrangements: The SME Owner’s Practical Guide How to turn a stalling invoice into a structured, written plan the debtor keeps to — and one you can act on immediately if they do not. Then Commercial Payment Arrangements are defenitely the way to go. By Kredcor Senior Pre-Legal & Credit Risk Team — Kredcor, South Africa’s
Preserve the Relationship, Still Get Paid: A South African Debt Collectors’ Guide to B2B Recovery If a client owes you money and you still want their business next year, how you collect matters just as much as whether you collect. Preserving the client relationship during debt recovery means using a structured, respectful, graduated process — a reminder,
Medical Aid Shortfalls & Rejected Claims: When South African Practices Need Debt Collectors A practical playbook for recovering the money medical schemes and patients owe your practice — before it becomes a write-off. Yes — medical aid shortfalls and rejected claims are recoverable, and writing them off is usually the wrong first move. A structured
📋 Executive Summary Early delinquency management is the structured process of handling a business invoice from the day it first goes overdue until it is paid or moved to formal pre-legal action, usually within a 90-day window. Handled well, it protects cash flow and preserves the client relationship. Ignored, it turns a minor administrative delay
Early Delinquency Management: 7 Proven Steps Before Day 90 Read More »
📋 Executive Summary Pre-litigation negotiation is the structured process of recovering unpaid business-to-business debt through direct contact, formal demand, and negotiated settlement — before either party sets foot in a South African court. For SME owners, credit managers, and CFOs, it’s almost always the faster, cheaper, and relationship-preserving route: attorney-led litigation in the Magistrate’s or
7 Steps to a Rock-Solid Credit Control System for SA Businesses Executive Summary: A credit control system is the set of policies, checks and follow-up habits a business uses to decide who gets credit, how much, and how it gets collected on time. For South African businesses, an effective credit control system rests on seven pillars:
Early Detection: 7 Red Flags of a Problematic Debtor Executive Summary Early detection of a problematic debtor means noticing the warning signs of financial trouble before an account turns into a bad debt. The clearest red flags include a sudden change in payment pattern, requests for extended credit terms, deteriorating financials on a business credit
7 Powerful Lessons from Experian’s AI Maturity Report for South African Credit Teams Executive Summary: AI maturity in credit risk is becoming a practical boardroom issue for South African lenders, SMEs, credit managers, CFOs and financial managers. Experian’s AI Maturity Assessment, based on Forrester Consulting research, shows that credit-risk AI is more mature than fraud-prevention AI:
Experian’s AI Maturity Report for South African Credit Teams Read More »
The Cost of Late Payments: How Overdue Invoices Impact South African SME Growth Executive Summary The cost of late payments is far bigger than the value of the overdue invoice. For South African SMEs, late payment can drain working capital, delay salaries, damage supplier relationships, increase borrowing costs, and quietly block growth plans. National Treasury’s
📋 Executive Summary Debt collectors in South Africa are professionals registered with the Council for Debt Collectors (CFDC) under the Debt Collectors Act 114 of 1998, who recover outstanding business debt on a creditor’s behalf — typically on a no-recovery, no-fee basis. Reputable agencies charge contingency fees of 10% to 25% of the amount recovered,
Debt Collectors South Africa: The Complete 2026 Guide to Recovering What You’re Owed Read More »