Wendy Kemp is the Founder Member/MD of Accountability Group. Wendy owned a business that manufactured stainless steel wine tanks until somebody defaulted with payment of that final cheque post completion of contract. With being so seriously ‘slam-dunked’; she and her late husband Howard decided to design a business that would place every defaulter on a web-based system to forewarn their members of the possibility of being disappointed by non-payment from potential clients – making each defaulter Accountable for their actions! Accountability is now 13years old with over 14 500 businesses that have registered to Mitigate Risk and assistance in Default Recovery.
Given the financial climate South Africans face the realities of debt are increasing. Wendy will share some steps on how to reduce your risk that include: the importance of Knowing Your Customer verifying your clients Credit Worthiness; securing sureties; managing amounts outstanding vs terms & conditions when incapable to sign at the day of admittance […]