Credit insurance management service Coface UK has entered a business alliance with specialist credit management consultancy Credit Professionals (CPL).

"We are delighted to have signed this agreement with Coface UK," CPL managing director Trevor Philips said.

"Through this partnership we'll be able to adopt a more consultative approach to understand client company goals and objectives.

"We're specifically looking to jointly develop and grow [Coface] receivables management outsourcing services."

Coface UK managing director Malcolm Guest said the relationship would enable Coface to enhance channels of communication with clients.