Sep 13
Our best advice for timely collections is this: Create an accounts receivable policy and stick with it. In creating that policy, the most important thing to do is schedule a series of letters and phone calls that build upon one another. Having a prescribed plan or a timeline in which to send collection letters and …
Permanent link to this article: http://c2cresourcesblog.com/recommended-collections-timeline
Jun 06
ALBERT EINSTEIN: “The definition of insanity is doing the same thing over and over again, and expecting different results.” Despite best efforts in evaluating when to extend credit and for how much, some customers will still become delinquent. The easiest way to reduce your profit or worse, go out of business, is through an escalating …
Permanent link to this article: http://c2cresourcesblog.com/in-house-collection-policy-overview
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