Process Letter Package Order Vienna8 Mar, 2025Documentation No comment Website Order Received Clerk Notification Received Automations
Credit Applications & Your Business Vienna26 Jul, 2024Collection Prevention, Credit Policy No comment Collection Prevention Part 5 A Quick Review of Collection Prevention Parts 1 thru 4 Part I – Get complete contact information from new customers and double-check contact information with returning customers, especially if it’s been a while since you’ve seen them. For a more complete discussion, read Part 1 here. You can also download a Contact Information Check Continue Reading…
Credit Collection Policy & Preventing Bad Debt Vienna19 Jun, 2024Accounts Receivable, Accounts Receivable Management, Bad Debt, Collection Prevention, Credit Policy, Vienna's Viewsaccounts receivable, accounts receivable and collections, Accounts Receivable Management No comment Credit Collection Policy & Preventing Bad Debt Collection Prevention Part 4 Well, here we are. I promised to discuss your credit collection policy in the first email in this series. I saved it for the end (almost) because I know it’s boring, and you almost certainly think it doesn’t apply to you. But it’s important Continue Reading…
Collecting Accounts Receivable, A Practical Guide Vienna19 Apr, 2024Accounts Receivable, Accounts Receivable Managementaccounts receivable, accounts receivable and collections, Accounts Receivable Management, accounts receivable system, collecting, invoices No comment What are Accounts Receivable Collections? Accounts receivable collections is the process of managing and collecting payments from customers who have purchased goods or services from a business, freelancer or professional service provider, and have outstanding, typically overdue invoices. Outstanding invoices means unpaid or open invoices. Your collections process should include a system for contacting customers Continue Reading…
Business to Business Collections Vienna28 Mar, 2024Accounts Receivable, Bad Debtaccounts receivable, bad debt collections No comment Business to Business B2B vs. Business to Consumer B2C Collections What is B2B or Business to Business Collections? This is pretty self-evident, but all the other articles on this subject start with a definition, so I will too. B2B collections, short for business-to-business collections, refers to the process of collecting payments that are owed by Continue Reading…
Landlord Debt Collection Made Easy: Recover Unpaid Rent Vienna9 Mar, 2024Bad Debt, Collection Letters, Rent Collection No comment Whether you own a single rental property or manage multiple units, you will almost certainly, particularly in this post-covid, debtor friendly environment, be faced with the prospect of one or more tenants failure or inability to pay rent. As a landlord or property manager, it is important to understand the debt collection process, the potential legal Continue Reading…
Bad Debt Collection Terms Vienna3 Jun, 2023Bad Debt, Collection Letters, Contingency Collections No comment You can see why you wouldn’t have wanted all of this information on the Plans and Pricing page! Every industry has its own terms and language; bad debt collection is no exception. While we tend to think everyone knows what we’re talking about when we use these terms, there is no reason they should. I’ll Continue Reading…
How to Send an Overdue Bill to Collections Vienna29 Apr, 2023Bad Debt, Collection Letters, Contingency Collections No comment I was recently surprised by the question, “How do I send an overdue bill to collections?” I’d forgotten that not everyone knows what to do or how to send a past due balance or a bad debt to a collection agency. So, first I’ll tell you how to do it – and then I’ll tell Continue Reading…
Best Practices for Managing Accounts Receivable Vienna17 Mar, 2023Accounts Receivable, Accounts Receivable Management, Credit Policy, Vienna's Views No comment Receivables management is a crucial aspect of any business and plays a vital role in maintaining positive cash flow. One of the key components of effective receivables management is implementing best practices to streamline the accounts receivable process, from credit management thru invoicing and finally the collections process. It’s All About Getting Paid Faster. Many Continue Reading…
Bookkeeping Terms for Beginners Vienna4 Oct, 2022Bookkeepingaccounting terms, bookkeeping terms No comment Bookkeeping Terms – A Beginner’s Guide Bookkeeping terms can be confusing, every definition seems to need another definition to understand the first one! In this article, you’ll find the simplest definition we could come up with. Where additional information is available, we’ve either linked out to another site with more information or linked to another article Continue Reading…
