Your Virtual Credit Manager

JULY 2, 2024

The author of this article, David Schmidt, will be leading this webinar, which reviews the fundamental skills required to successfully collect past due B2B invoices. Being a collector requires patience, persistence, and effective communication skills. When communications break down, past due balances accumulate.

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Collector Debt Collections Past Due Invoices Credit and Collections 130

Your Virtual Credit Manager

MARCH 14, 2023

If a company executive is not the primary collector, there is nothing wrong with them giving it a try. A large percentage of past due invoices are caused by up-stream problems in the order-to-cash process. A large percentage of past due invoices are caused by up-stream problems in the order-to-cash process.

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Collector Past Due Invoices Credit and Collections Bad Debt 189

Your Virtual Credit Manager

JANUARY 16, 2024

Here then are eleven mistakes that business debt collectors should avoid: 1. Ignoring Customer Disputes When a customer disputes an invoice or has issues with the services your business provided, it’s up to the collector to investigate before making additional collection demands beyond asking for payment of non-disputed items.

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Debt Collections Collector Credit and Collections Bad Debt 130

Your Virtual Credit Manager

MAY 28, 2024

Quality control issues that slip through production and or arise during distribution are not usually discovered until after the invoice is billed — most likely by the collector. To help you focus on the real problems, this article will discuss five situations that are commonly at fault.

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Accounts Receivable (AR) Past Due Invoices Credit and Collections Collector 130

Your Virtual Credit Manager

DECEMBER 13, 2022

People do not aspire to become commercial debt collectors. Many of us went to college and got degrees in business administration or accounting or even liberal arts and science, but due to the vagaries of providence ended up getting jobs handling credit and collectors. Nobody grows up wanting to be a bill collector.

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Collector Credit and Collections Past Due Invoices Credit Management 130

Your Virtual Credit Manager

JANUARY 3, 2023

Photo by DESIGNECOLOGIST on Unsplash Editor’s Note: To start off the New Year, we’re bringing back three of the most popular YVCM articles from 2023. We’ve condensed the articles to save you time, but have also provided links to the originals should you want to take a deeper dive.

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AR Automation Collector Credit and Collections Bad Debt 130