Controlaccount

Controlaccount is a British provider of outsourced debt collection, credit control and international management of overdue receivables. It acts for businesses that prefer to hand slow-paying accounts to a specialist.

Services

The listed services are commercial debt collection, international collection, litigation-based collection and credit control. Credit control sits at the preventive end, covering the chasing of invoices before they become bad debts, while litigation and international collection address cases where an ordinary reminder has not worked.

Markets

The provider is based in the United Kingdom, and its recovery work is stated to extend internationally. The countries covered abroad are not named, so cross-border cases should be assessed when a debtor's location is known.

Who it suits

Business-to-business sellers with UK customers, exporters whose buyers are abroad, and service companies whose cash flow depends on regular invoice payment can use this outsourcing arrangement. It also fits payment and fintech businesses that issue invoices to corporate clients. Fee levels, contingency rates and reporting formats are not published and are agreed with the provider.