by Zanette Phillips | May 28, 2017 | BizSkills News, Complaints Policy Course, Debtor's Ledger Management
A business owner cannot expect to successfully collect customer debt if they don’t have strategies in place and control the collection activities. Here is a list of common office inefficiencies that employees are guilty of when collecting customers payments. Not...
by Zanette Phillips | Apr 26, 2017 | BizSkills News, Debtor's Ledger Management, Effective Debt Collection Strategies, Ledger Management Courses, Phone Script Course
Delays in payments can create cash flow problems Small business owners give credit to make sales and provide 30-day terms but often the customer will take more time and possibly not pay at all. These delays in payment can create cash flow problems for businesses...
by Zanette Phillips | Apr 12, 2017 | BizSkills News, Debtor's Ledger Management, Effective Debt Collection Strategies, Ledger Management Courses
Take a proactive approach when giving your customers credit The longer an invoice is outstanding the harder it is to collect and there is no point in making a sale if you don’t get paid for it. So you need to reduce risk Reduce Risk of Customers Avoiding Payment 1. ...
by Zanette Phillips | Feb 21, 2017 | BizSkills News, Debtor's Ledger Management, Effective Debt Collection Strategies, Ledger Management Courses, Phone Script Course, Skills Courses, Training
If your customers do not pay their invoices, then they are controlling your cash flow and your most important asset! The strategies and skills you need to reduce your current customer debt, control it and train your customer to pay by due-date are: Skills to collect...
by Zanette Phillips | Jan 31, 2017 | BizSkills News, Customer Credit Policy Course, Debtor's Ledger Management, Effective Debt Collection Strategies, Ledger Management Courses
A business owner cannot expect to successfully collect customer debt if they don’t control who they give credit to. I have compiled a list of common business inefficiency issues when providing customer credit. Inefficiency 1: Extending credit to anyone who walks in...
by Zanette Phillips | Jan 24, 2017 | BizSkills News, Debtor's Ledger Management, Effective Debt Collection Strategies, Ledger Management Courses, Phone Script Course, Skills Courses
You cannot expect to successfully collect customer debt, if you or your employees lack skills and training, or you are unaware of the proper procedures. I have listed of common office inefficiencies affecting the successful running of many small and even medium size...
