August 11, 2010 by Jared Bilski
If your Collections department doesn’t have the time or resources to send out those gentle reminders to late payers, you may have success with these tactics.
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Tags: A/R system, Collections department, e-mail, Late customers, Notifications, Payment rate, Virginia-based credit union
July 22, 2010 by Jared Bilski
A huge customer falls behind, busy season runs slow, inventory’s mismanaged — there’s no shortage of factors that can result in an unexpected cash-flow crunch.
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Tags: Cash crunch, Cash-flow crunch, collections, Credit line, Customer relationships, Projections, Sales, vendors
July 20, 2010 by Jared Bilski
June 30, 2010 by Jared Bilski
When a large debt leaves people with their backs to the wall, some will go to desperate lengths to avoid paying.
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Tags: British man, Collectors, Debt, Gender reassignment surgery, Mortgage, Skip tracers
May 20, 2010 by Jared Bilski
Mailing costs are on the way up, so you may want to review the way you communicate with those perennial late payers.
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Tags: A/R department, Collection letter, Collection-letter facelift, Late payers, Phone extension
March 19, 2010 by Jared Bilski
Rules and policies are meant to be followed 99% of the time. However, there are cases where it’s far better to use a little common sense. Here’s a perfect example.
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Tags: Cynthia Lacy, Death certificate, Personal Identification Number, Phone Service, St. Petersburg Times, Treasure Island, Verizon, Verizon Wireless
February 24, 2010 by Jared Bilski
February 12, 2010 by Jared Bilski
January 29, 2010 by Jared Bilski
From Accounting to Accounts Payable, more companies are showing gratitude for traditionally underappreciated Finance positions. And Credit and Collections is no exception.
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Tags: Accounts Payable, Appreciation, Credit and collections, Credit Management, Credit Research Foundation, Late paying customers
December 22, 2009 by Jared Bilski
Having trouble recovering past-due amounts from a troublesome customer (or customers)? Before you get Collections to call in the aid of an attorney, try this tactic.
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Tags: Attorney, Business license, collections, Fee and payment schedule, Skip tracer, Street address