Customers can also take advantage of free legal letters addressing late paying customers and customers refusing to pay bills.

ICSM director Paul Carotte said: "Any worries regarding non-payment can quickly turn a profitable operation into one facing mounting losses.

"With the pressure on for every second of the production day to count, companies can ill-afford to take valuable time out to chase up payment. It can also be a very costly exercise if they have to get legal representation every time.

"Our reduced fees will help operations to take action sooner while the legal letters address the common problems of overdue accounts, breaches of contract and final demands and have a 98% success rate."

As well as preparing legal letters for customers, ICSM also has an online actioning portal, enabling users to quickly create a document, which is completed and sent by ICSM.