Andy Dowthwaite – Nestlé Waters Powwow Limited

Global Asset Finance Limited “Global” has been employed on a consultancy basis with Powwow & then Nestle Water’s Powwow since October 2001 in the capacity of reviewing Group Credit & Risk, together with various compliance issues relating to resolving operational and collection issues and collected substantial overdue monies, Consumer Credit Act, Data Protection Act and Distance Selling Regulations, National Account Contract’s.

Global since joining they have been instrumental in resolving compliance, operational and collection issues and collected substantial overdue monies from outstanding account’s, to which Nestle Waters Powwow debtor days become the best within Nestle Group worldwide of 47 days DSO.

The process Global Asset Finance inherited was very lax and they have been responsible for the training and motivation members of staff that had previously been given no direction or work procedures. Stephen Gruenewald & Global Asset Finance Limited was also, instrumental in identifying new operational processes and controls and developing a full modus operandi for Nestle Waters Powwow and whilst reducing costs through out-sourcing a number of processes to an offshore process based in India, negotiating contracts, setting up technology transfer and staff training offshore and managing the relationship personally into a world class collection process which was independently audited and COPC Un-Conditional Accreditation. “COPC – Contact Centre Experts around the world”

Global Asset Finance Limited Consultancy Services have proved to be conscientious and honest with an ability to succeed in very adverse conditions and I feel confident that they can add value. Stephen Gruenewald and Global Asset Finance Limited will prove an asset to any company.

Andy Dowthwaite

Finance Director

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