by Marie Benesh | Oct 10, 2014 | Blog, Business
There are many pitfalls in debt collection. A simple mistake can be costly for any business, yet a carefully prepared credit collection plan can go a long way in attaining successful collection. Jane Houston, in an article, gave some tips through her Collection...
by Marie Benesh | Oct 5, 2014 | Blog, Business
Successful debt collection rests on many factors. To be able to collect, even collectors need to adopt the right attitude. Any business looking for the right collection agency must be able to choose based on several criteria. Here are some quick tips on how to go...
by Marie Benesh | Sep 11, 2014 | Blog, Business, Money Management
Missing customers – when customers who owe you money transfer to another location, or simply disappear without notice. Several attempts to contact home numbers or office numbers fail. Letters you write are returned to you. Companies do face the dilemma of...
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...