Insolvency Support Services can help you release the value locked up in your work-in-progress (WIP) and debtors.
We can conduct one-off or regular debtor reviews, identifying where your cash is locked up, and how to release it. We can design and implement a system for the management and review of your WIP.
We can also review your systems and processes, provide recommendations and train staff, alongside the design and implementation of strategies to unlock value.
Alternatively we can supervise your WIP and debtors, providing regular and accurate reporting to you, and thus enabling you to utilise your experienced personnel on fully chargeable assignments at all times. With a fixed cost for the practice administration role, this frees up your insolvency practitioner and senior management time to concentrate on developing your business.