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Streamlining Debt Collection: Leveraging Technology for Success!

Eastern Credit Management Services

As a trusted Canadian Debt Collection Agency, Eastern Credit Management Services (ECMS) understands the importance of streamlining debt collection processes to maintain strong client relationships and achieve optimal results. To streamline your debt collection process, embrace a multi-channel communication approach.

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Trade Credit Insurance for Businesses: Definition, Benefits & How It Works

TreviPay

Without trade credit insurance, businesses face a higher risk of financial loss due to non-payment from customers, which can lead to the use of debit collector services to recover outstanding debts. These services either receive a percentage of the amount recovered or buy the debt from the business for pennies on the dollar.

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Complete Guide To Credit Control For Business

Know-It Global

For problematic cases we recommend implementing credit control measures such as withholding further credit, reducing credit limits, or escalating to a commercial debt recovery agency when necessary. 3: Debt Recovery and Minimising Bad Debt 3.1 But it is a necessary process if you’re to collect your overdue amounts.