Your Virtual Credit Manager

JANUARY 16, 2024

Time is as much an enemy as anything else when you are charged with collecting past due accounts receivable (AR), so it is crucial you don’t waste time by making mistakes, which will also serve to elongate the collection process. Here then are eleven mistakes that business debt collectors should avoid: 1.

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Your Virtual Credit Manager

JULY 2, 2024

it just might help them collect faster and pay you sooner. Share Six Best Practices for Effective Debt Collection Communications Debt collection can be complicated as well as time-consuming. Being a collector requires patience, persistence, and effective communication skills. Ask for everything owed.

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Your Virtual Credit Manager

JUNE 4, 2024

Successful collections require the coordination of a variety of activities: timely and accurate invoices and payment posting, monthly statements, email reminders and other dunning notices as well as telephone calls. Most of the collectors seemed relieved I was cooperating and accepted my initial offer. Few seemed fully prepared.

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