Tauranga businesses looking to recover outstanding debt can learn more about credit management in the digital world at a Baycorp information session next week.
Baycorp, New Zealand's most well-known debt resolution agency, is meeting with businesses around the North Island as part of a regional roadshow to highlight pathways to credit resolution and to explain new initiatives and technology.
Hosted by local Baycorp representative Lyn Egan, New Zealand general manager Donna Cooper and business services sales manager Victor Jamieson, the session will provide valuable tips on digital credit management as well as cover debt load trends in the Tauranga region compared to other North Island regions, recent changes in legislation and updates on Baycorp's evolution as a business.
Ms Egan has been with Baycorp for 10 years and said slow payment by debtors remained a reality for a lot of businesses in Tauranga.
"A number of my clients changed their credit policies due to the recession. They now have more effective terms of trade in place and their focus on overdue accounts has strengthened.