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How Small Businesses Can Improve Cash Flow with Professional Debt Collection Services

Eastern Credit Management Services

Cash flow is the lifeblood of any small business, but late payments and unpaid invoices can create significant challenges. Professional debt collection services can help maintain financial stability without damaging client relationships. This reduces the risk of legal issues for small businesses. Here’s how.

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Debt Collection Mistakes Can Prove Costly

Your Virtual Credit Manager

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. We are currently offering 33 percent off our standard small business consulting rates.

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A Holistic Approach to Debt Collections

Your Virtual Credit Manager

Seldom does a new collector appreciate the need for a balanced, holistic approach to debt collections. Please feel free to share this newsletter with your small business customers. Share Communication Establishing communications with the debtor is at the heart of collections. it just might help them pay you sooner!

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Tackling Customers that Always Pay Late

Your Virtual Credit Manager

Learn More About Consulting Readers of Your Virtual Credit Manager can access sharply discounted business credit reports from D&B, Experian, or Equifax through our partner accredit. Learn More About Credit Reports Please share this newsletter with your small business customers.

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Celebrating National Women’s Small Business Month 2024: A Female Founded Trailblazer in Commercial Debt Recovery

Know-It Global

The month of October marks National Women’s Small Business Month 2024, and it is only right that we shine a light on Know-it as a female founded business! Since 2021, the company has been supporting businesses getting paid, but in this blog, we’ll discuss how Know-it began.

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The Scenario Of Malaysia’s Debt Collection

MNS Credit Management Group

Consumer And B2B Debt Collections Variation Commercial collections refer to the process of recouping unpaid invoices owing to another company. When a client owes a business money, consumer collections take place. The debt collection industry consists of two distinct functional areas.

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Best Outsource Debt Collection Services for 2024

Gaviti

Regardless of the reason, typically once your unpaid or overdue invoice is more than 90 days overdue, however, it has evolved to become a debt. At this point, your business should move from handling the invoice in-house to managing it through one of the debt collection outsourcing services listed below.