1] Have a Defined Credit Collection Policy One of the major causes of overdue receivables is that the business has not defined to its commercial customers and staff when accounts are to be paid. If commercial customers are not educated that accounts are to be paid on time, then chances are they’ll pay late or [Read Full Story]

Accounts receivable is a big part of revenue for many companies, but it is also a potential source of problems.  Receivables represent money earned but not yet collected, so when receivables become a larger part of the revenue reported by a company, it indicates lower quality revenues. This is because there is no guarantee that [Read Full Story]

As a business owner you count on other business owners to honor their debts and pay their bills on time. In fact you even give them a full thirty days within which to pay it. After that you make several attempts by phone, email or regular mail to collect and when they still won’t pay [Read Full Story]

Money is very important for smooth operation of every business. Without it many things in your business can hamper a lot. In order to maintain smooth cash flow it is very necessary to collect money owned to your company by debtors on time. If you are looking for a professional service provider, you can hire [Read Full Story]

Article by David Montana Company owners generally decide on to pursue delinquent debt by suing the organization that is indebted, using the court to remedy the circumstance by searching for to be awarded a judgment. This is often noticed as the 1st step in the collection of past due enterprise debts, though what numerous organization [Read Full Story]