Getting Paid On Time & Pavlov Kevin 3 Dec, 2020 Accounts Receivable Management, Vienna's Views No comment Getting paid on time takes work, but done properly and consistently it pays off. I’ve maintained for years that in-house collections, done correctly is a very Pavlovian process. What I mean is, if you follow up on unpaid invoices, consistently and courteously, you will train your customers to pay faster. Have you ever noticed how Continue Reading… Share this:TwitterFacebookLinkedIn
Debt Collection From a Defunct Business Kevin 16 Jul, 2020 Bad Debt, Vienna's Views No comment Your Customer is Out of Business – Now What? Then So, your customer went out of business owing you a pile of money, and you’re wondering what to do next. If you’re reading this, I imagine you’re hoping for some kind of collection agency magic trick to get your money back, and there are a Continue Reading… Share this:TwitterFacebookLinkedIn
What is Accounts Receivable Management? Kevin 17 Feb, 2020 Accounts Receivable Management, Vienna's Views No comment Accounts Receivable Management is the work you need to do so that you or your company can get paid. Generally speaking, the faster you can collect your outstanding invoices, the healthier your cash flow, and therefore, your company is. Share this:TwitterFacebookLinkedIn
7 Ways to Guarantee Collections FAILURE! Kevin 4 Apr, 2015 Default, Vienna's Views No comment Accounts Receivable and Debt Collection Failures Most small business owners know they have to do something to collect receivables in a timely manner. Even if you don’t know the statistics, personal experience has surely taught you that not everyone pays on time, and those late payments cost you money. Does this scenario sound familiar? Business Continue Reading… Share this:TwitterFacebookLinkedIn
How to Send an Overdue Bill to Collections Kevin 24 Aug, 2014 Bad Debt, Vienna's Views No comment Sending Over Due Bill to Collections I was recently surprised by the question – “How do I send an overdue bill to collections?” I suppose I’m so immersed in this world of accounts receivable and debt collection I’d forgotten not everyone knows what to do or how to submit a bad debt to a collection Continue Reading… Share this:TwitterFacebookLinkedIn