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Aug 05

What to Say during a Collection Call

Whether you are plagued with delinquent accounts or want to prepare your staff for potential future debt collection, knowing what to say on a collection call is important for the success of the collection call. Past due calls can be uncomfortable and awkward, but not allowing them to pile up is important for the integrity …

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Jul 28

Does Font Matter: Can Your Font Choice On an Invoice Influence Payment?

At the end of last year, we looked at the effect of color in business to motivate customers to pay. But, that got us thinking: does font also have an effect on businesses when they receive their invoice? Typographers have spent a great deal of time studying fonts and design. From an everyday user perspective, …

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Jul 01

8 Invoice Must-Haves to Encourage Payment

We all want to get paid faster, but is your invoice keeping your customers from paying? Here are top tips for redesigning your invoice to increase your business’s cash flow.   Include the word “Invoice”. It may seem obvious, but including the word “invoice” provides clarity for the customer. Without it, the customer could think …

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Jun 30

Payment Terms: What they are and are they for me

Building a consistent cash flow for your business will help alleviate the impact of potential financial issues down the road. To decrease the amount of bad debt within your business, one tactic is to provide customers with early payment term discounts.           Before jumping into providing prompt-payment discounts, businesses first need …

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Permanent link to this article: http://c2cresourcesblog.com/payment-terms

Jun 17

E-Invoicing vs. Paper Invoicing

Technology has become a large part of our lives, yet many companies still use paper invoicing. According to PayStream Advisors’ 2013 Invoice and Workflow Automation (IWA) Benchmark Report, paper invoices continue to decline from 59 percent in 2012 to 52 percent in 2013. But we wonder, is there an advantage to one method over another? …

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