Be Prepared to Shoot Down Your Customer's Payment Excuses
Your Virtual Credit Manager
JULY 16, 2024
Once an order has been approved and fulfilled, the primary objective in terms of Accounts Receivable (AR) management is getting paid. Some customers will always pay on time. Others will always pay beyond terms and the remainder will fall somewhere in between. Keeping these latter two groups under control requires collection efforts. (Photo by Michael Starkie on Unsplash ) At a fundamental level, collections involves contacting customers to collect the money they owe you.
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