Remove Bad Debt Remove Credit Application Remove Risk Based Collections
article thumbnail

Past Due to Bad Debt: How to Segment Customers by Risk & Implement Collections Strategies that Match

Bectran

The accumulation of bad debt is a massive hindrance for businesses that rely on consistent cash flow in their accounts receivable. Piling bad debt reduces your companys expected revenue and limits your ability to reinvest liquidity into business operations. The Bad Debt Spiral.