Accounts Receivable

  Credit Management Tip It’s a fact – as a debt ages, it becomes much harder to collect. Data ages and becomes less relevant. People forget and prioritize other debts. People want you to forget! You spend more time and effort collecting, so cost increases. For these reasons, focusing resources on Pay-On-Time (POT) pre-delinquency actions and early-life Collections contacts has proven its worth, stemming aging and improving the efficiency and cost of collections.   Despite this fact, many businesses still spend a lot of their resources prioritizing very old debts. It’s a self-defeating......

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