Remove Bad Debt Remove Credit Risk Remove Third Party Collections
article thumbnail

Are You Hindering Your Collection Agency's Efforts?

Your Virtual Credit Manager

Companies selling other businesses on open terms need to ensure any collection agency partners can effectively collect non-performing receivables. Here are four prime example of issues that impede third party collections: 1. Your Virtual Credit Manager is a reader-supported publication.

article thumbnail

Should You Outsource AR Management?

Your Virtual Credit Manager

There are still some options here, including some firms that can help you with distributing both electronic and paper invoices, but you will need about 500 invoices per month for their services to provide economic benefits Collections : Many Collection Agencies will perform “first partycollections for you.

Bad Debt 130