Bankruptcy, Collections Automation and Default

How Are Your Customers Doing?

Your Virtual Credit Manager

MARCH 4, 2025

We often talk about the importance of having an efficient and effective collection process and how, from a process improvement perspective, collections automation provides substantial benefits. We don’t, however, want to minimize the importance of the credit side of the equation. Bad debt losses were understandably huge.

Bad Debt

Bad Debt Credit and Collections Accounts Receivable (AR) Collector

The Nine Essentials of a Successful Collection Call

Your Virtual Credit Manager

JUNE 4, 2024

Also, by putting the call results in a written communication to your customer, you are creating a valuable paper trail should the customer default. This pain is beginning to overflow into a number of industrial sectors, some of which are already hurting — commercial bankruptcies have been rising since Q2 of 2023.

Collector

Collector Credit and Collections Past Due Invoices Credit Management

Credit Management Source

How Are Your Customers Doing?

The Nine Essentials of a Successful Collection Call

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