Commercial
March 15, 2013
Entrepreneurs, specialists and CEOs who operate companies did not open their respective businesses to collect on past-due accounts. Each started their business to provide a good or service to fill a need. Often, there is not sufficient time, resources or understanding of the best way to collect on past-due payments.
February 28, 2013
Scenario: You have a customer who owes you money for a product provided months ago. They have ignored your letters and avoided your phone calls. Finally, you’re able to speak to your contact and she tells you, “Talk to my lawyer, Bill Jones at Jones & Associates!” This is followed by a prompt click and dial tone.
January 3, 2013
If you have ever dealt with slow or late paying business accounts, you may recall the occasional customer who was in “receivership”. But just what does this term mean? In this edition of A/R Insider, we’re setting the record straight to help you avoid any future uncertainty or confusion when dealing with such cases.
August 29, 2012
As long as your accounts are getting collected, why should it matter to you that your collection agency is properly licensed, bonded and compliant? That’s their concern, right? In short, yes, it is something the agency should have at the top of their mind. They should be able to tell you what safeguards have been put into place to remain compliant, as well as provide you with licenses for any state in which they collect and their bonding information. So is your collection agency licensed, bonded and compliant?