The consequences of an inefficient debtors system on a manufacturer's relationship with a customer could lead to a delisting. TFD deliveries are accompanied by an accurate priced VAT invoice which the trade will pay within the agreed terms of trade.
Pricing systems reflect the unique invoicing extension formula of each trade customer.
TFD assumes total responsibility for debt collections, accepts the bad debt risk and administers settlement discounts and trade claims. Considerable attention is focused on pricing administration to ensure that all invoices are accurate thereby facilitating prompt payment and eliminating the costly claims investigation and rectification procedures. A document imaging system for proof of delivery documents enables the debtors administrators to draw information from remote regions and deal timeously with customer account queries.