In the world of credit management, it’s not uncommon to encounter various excuses from debtors explaining why they haven’t met
Managing debtors through phone contact is usually not the most enjoyable task. Yet, it is a crucial part of successful
Extending credit to customers is a strategy that promotes revenue and income, but it also comes with risks. Unrecoverable receivables
How many reminders should you send to remind customers of payment? Some companies send up to five reminders, but the
Even when you’ve taken all the right steps from a credit report to clear agreements with the customer, there may
For every business, credit management is crucial. It’s striking that many companies lack credit management and only take action when
The success of your business is clearly evident; orders are pouring in. However, despite these positive developments, a significant amount
In the business landscape, situations like Nicholas’, an entrepreneur from the middle of the country, unfortunately, are not uncommon. A
In the aftermath of a customer’s bankruptcy, creditors often wonder how to prevent being left empty-handed. Practice shows that obtaining
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