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Category Archives: Trends
Why are Collection Agencies so Sketchy?
Every small business extending net terms will have to deal with a collection agency at some point during its operations lifecycle. Engaging a collection agency is almost always considered as the last option, a necessary evil that should only be … Continue reading
Posted in Trends
Tagged collection agency, collection industry, Delinquency rates, receivables management, sketchy, transparency
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5 reasons why customers pay late and what to do in each case
Next time you call a customer to follow-up on an invoice, it is important you know how to sift through the excuses they usually give over the phone or in an email. Unless you know the precise reason why they … Continue reading
Posted in Trends
Tagged delinquent customers, late-payment, payables, receivables, small businesses, Trade credit
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