Collecting the balance on past due accounts is not a pleasant task. It is time consuming and dealing with clients who owe you money can be very frustrating. It is important to create an efficient collection cycle so you do not miss any over due account and collect the money successfully. Getting organised is very… Read more »
Author: ncs_collector
The Advantages Of Using A Debt Collection Agency
Debt collection can be a time consuming and frustrating problem, especially if you are a small company without the personnel or means to track down the individual who owes the debt. Using a professional debt collection agency is the best way to make sure you are paid what is owed, with minimal hassle and loss…. Read more »
Selling Ageing Accounts To Debt Collectors
What should you do about old accounts that are still unpaid? If you cannot afford to spend any of your business’ resources to collect on these old accounts, you should think about selling them to debt collectors. If you don’t have the time and resources to get your creditors to pay off their debts to… Read more »
How Debt Collectors Can Save Your Business
Debt collectors are not always coming to you with bad intentions. These people are simply trying their best to help you settle your debt so both parties can move forward. If you do not pay the debt you have accumulated for your business then you may face criminal charges. So debt collectors can actually save… Read more »
A Guide To Ageing Accounts
When overdue accounts payable bills continue to go unpaid, these are referred to as ageing accounts. The longer they are not paid, the deeper into the ageing accounts system they get. There is a very specific way of handling these accounts, although each company will have their particular guidelines and procedures when it comes to… Read more »
Trust Debt Collectors to Save Your Business From Going Under
Debt collectors are experts who will collect debts from your debtors on your behave. They are necessary experts in running your business because from time to time you may end up renting your money which your debtors end up failing to return within your agreed time .This can really stress you in running your business… Read more »
Debt Management and Debt Consolidation Compared Differences
Overcoming debt problems is a big concern for many people. There are many solutions available to them. The two most popular options include debt management and debt consolidation. It can be confusing to understand differences between these two options because of very minor difference in wording. Both options seem very similar but there are some… Read more »
An Easy Way to Debt Recovery
A business is not about how many invoices you have issued but how many of those invoices actually got paid. Unfortunately, getting those invoices paid is not something that generally happens as soon as you have hit the send button on your email. In some cases, you have to wait for days before you can… Read more »
Choosing the Right Debt Collection Service Provider
As a business owner, one of your primary responsibility is ensuring that your clients pay you on time. There are cases, however, when clients cannot help it and they are unable to make the payment when the due date comes. The first few times that it happens, you can be quite forgiving. It becomes another… Read more »
Collecting Your Past Due Accounts
If you have been a business owner for quite sometime now, chances are, one of the things that have given you headache would be ensuring the timely collection of payments. Sure, there would be customers who would make the payment in advance. There would even be those who make the payment just in the nick… Read more »