by Marie Benesh | Sep 8, 2014 | Business, Money Management
When granting credit, it has always been a policy for some companies to set a credit limit, be it across-the-board where a limit is set for all types of customers, or the credit limit is set for each type of customer depending on certain factors. Extending credit to...
by Marie Benesh | Aug 14, 2014 | Blog, Business, Industry News
At some point, companies have to deal with overdue invoices. Whether the term is 30 days or more, there are clients who, for one reason or another, fail to pay on time and this is one concern that should be dealt with on a regular basis. As we all know, survival in...
by Marie Benesh | Aug 10, 2014 | Blog, Business
Most of the time, a business operation encounters overdue or unpaid accounts when customers fail to pay on time. While some companies do not impose interest on unsettled accounts, others do add a provision that in case the invoice goes overdue, interest is charged...
by Marie Benesh | Jul 2, 2014 | Business, Industry News
A tighter credit collection policy and control system can help any business by identifying potential debts and taking necessary steps to reduce them, and get paid on time, according to Mark Hegarty. In his article, Hegarty provided some tips to ensure prompt payment,...
by Marie Benesh | Jun 29, 2014 | Blog, Business, Industry News
When running a business with people making their purchases on credit, you encounter different types of customers. They vary in their preferences, their responses and also in the way they pay their obligations. As credit collection becomes a necessary function, it is...
by Marie Benesh | Apr 19, 2014 | Blog, Business, Debt Management, Uncategorized
Many businesses fail to realize the importance of building and maintaining their own customer information database. While some customers may shun the idea of giving their personal information to others, you may need to find a way on how you can obtain a little bit of...
