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Assign Collections to an Existing Employee : When doing this you need to consider if the person being assigned collection duties has the time and demeanor to be an effective collector. Again, you need to also keep in mind the impact from putting other tasks on a back burner. it just might help them pay you sooner!
Simply defined, collections is the process of contacting customers to secure payment for your invoices. For the most part collections deals with pastdueinvoices — those not paid within established terms. In fact, broken promises should be followed up the day after the payment was expected.
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