If your business is experiencing short paid invoices, you’re not alone. A recent study by The Accounts Payable Network found that almost half of businesses have had to deal with this issue in the past year. Deductions and short paid invoices can be a huge...
A pre-collection letter service is a process by which collection agencies send demand letters to delinquent customers to collect on past due accounts. The benefits of using this service include improved cash flow, reduced bad debt expenses, and creating the potential...
There are a few key indicators of when you should place an account for collections. Commercial collection agencies can help to get your money back, but it is important to understand when and why to place an account with them. Here are some examples: The account is 90...
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