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Sales Commissions Impact the Collection Process

Your Virtual Credit Manager

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!

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AR Data Management, AR Automation, & Accelerating Cash Flow

Your Virtual Credit Manager

What’s Involved in “Cleaning” an AR Portfolio In a perfect world, your AR Ledger would contain only whole, current invoices; or at least nothing seriously past due. Share How to Clean Up Your AR Ledger Launch a collection program to collect all past due invoices at least 15 days late.

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An Inconvenient Truth about the Cash Conversion Cycle

Your Virtual Credit Manager

A ssign Collections to an Existing Employee : In this case you need to consider if the person you choose has the time and talent to be an effective collector. What are the other tasks that will not get done or be delayed because of the time you devote to collections?

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7 Accounts Receivable Goals for Growth in 2023 & Beyond

The Esker Blog

This often leaves customers without noticeably high balances or long past-due invoices receiving limited collections touches, forcing collectors to be more reactive than proactive.