Running a business is hard enough without having to worry about uncollected debts. Luckily for you, debt collection agencies can provide essential services that help your business retrieve its bad debts, build relationships with clients, and reduce business costs. It can be beneficial for many companies who lack the resources, personnel, or time to manage […]
Continue readingThe Common Commercial Debt Collection Myths Debunked
Many small and large businesses follow the same practice for selling products and services and invoicing. This often involves selling now and invoicing later so they have more time to pay. This is a smooth process until a customer decides not to pay. Having debt is a headache; after all, you expect revenue from a […]
Continue readingDebt Recovery, The Financial Year, The Calendar Year and Timing
The debt collection industry faces many challenges every day. The industry continues to transform due to rapidly changing technology, regulations, and outside factors, and collection agencies must adapt. Many of these regulations are unknown to most businesses and as a result, many debtors dig their heals in, using the offence or breach to avoid making […]
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