As an accounts receivable management professional, you are well aware that there are just not enough hours in the day. You’re not alone; we are all constantly looking for ways to become more efficient and more productive so can get more done and in less time. The business world is always evolving and technology is
Studies show that the more contact you have with customers, the more success you will have with collecting your open accounts receivable on time. One great way to contact customers is via email. The least amount of work goes into this step, especially if using an automated email service which sends out pre-created emails to
Obtaining a signed credit application should be an integral part of the process of extending credit to a customer. The application provides information necessary to determining the risk of not being paid in a timely manner and helps to establish a credit limit. Without a credit application, you won’t have explicit permission to contact the
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