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Effective Communications for Collecting Delinquent Receivables

Your Virtual Credit Manager

Are there past due accounts you are trying to collect? The experts at Your Virtual Credit Manager can help you bring in the cash. If you send an email or text you can attach a copy of their account statement and/or invoice ccopies. We are currently offering 33 percent off our standard rates.

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Sales Commissions Impact the Collection Process

Your Virtual Credit Manager

Readers of Your Virtual Credit Manager now have access to sharply discounted business credit reports from D&B, Experian, or Equifax through our partner Accredit. Buy Credit Reports But, On the Other Hand. it just might help them pay you sooner! it just might help them pay you sooner!

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Balancing Credit Sales with Profits

Your Virtual Credit Manager

Those that are too weak for you to extend credit will require up front payments — find the payment format (COD, Cash In Advance, down payment, credit card, etc.) Try to get a guaranty from a financially strong related party who will pay the AR if the customer defaults. that is most compatible with the customer.

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An Inconvenient Truth about the Cash Conversion Cycle

Your Virtual Credit Manager

The bottom line was a 13 percent reduction in DSO over a 6 month period in conjunction with invoice accuracy rising above 90 percent. Readers of Your Virtual Credit Manager can now access sharply discounted business credit reports from D&B, Experian, or Equifax through our partner accredit.

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Effectively Collecting Receivables Is a Time Management Challenge

Your Virtual Credit Manager

Effective collections can also reduce bad debt losses by compensating for a liberal or weak Credit Control function. Simply defined, collections is the process of contacting customers to secure payment for your invoices. For the most part collections deals with past due invoices — those not paid within established terms.