Effective Collections: A Proactive approach to Credit Management

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Learn how to take specific steps and use positive action to streamline and maximize your credit management policies.

Website: http://www.Credit-and-Collections.com
Location: Everywhere
Members: 2
Latest Activity: Apr 17

Over 10,000 businesses have slow or non-paying customers.

How can you collect that money efficiently and quickly and keep that money coming in? The credit crisis, high fuel costs, job losses, bankruptcies, foreclosures and the failing economy are all contributing to factories closing, job loss and business owners going out of business because they can't get paid.

With this group learn how to take specific steps and use positive action to streamline and maximize your credit management policies.

Discussion Forum

How do you effectively invoice customers so you get paid faster?

The best practices for invoicing is to do it right away, immediately after the sale. Don’t invoice your customers once a month or every 30 days. To keep your cash flowing send invoices at the time…

Tagged: paid, credit, get, due, invoice

Started by Michelle Dunn Apr 17.

Do you know that your credit policy is an asset to your business?

Your business has many assets, such as physical items, maybe your building, equipment, items you stock, key employees, your customers and your credit functions. Many business owners don’t look at th…

Tagged: mangement, policy, credit

Started by Michelle Dunn Feb 15.

How do you make collection calls that are effective?

You may want to train yourself or your collectors before allowing them to make collection calls. Some areas that I have found helpful in training collectors to make calls are: Developing a phone voi…

Tagged: credit, debt, call, collection

Started by Michelle Dunn Jan 11.

Credit policies? 1 Reply

Do you have a credit policy for your business? Do you plan on updating or implementing a credit policy in 2010?

Tagged: mangement, policy, credit

Started by Michelle Dunn. Last reply by Michelle Dunn Dec. 27, 2009.

Comment Wall

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Comment by Michelle Dunn on January 12, 2010 at 11:51am: I have started a new group on Linkedin for business owners, entrepreneurs and credit managers. Anyone who works at a business and has past due customers is welcome to join.

I thought combined with this network some of you might meet new connections with both groups.

Over 10,000 businesses have slow or non-paying customers. This group is for those businesses. How can you collect your money efficiently and quickly and keep your money coming in? The credit crisis, high fuel costs, job losses, bankruptcies, foreclosures and the failing economy are all contributing to factories closing, job loss and business owners going out of business because they can't get paid.

If you are a business owner that wants to get paid on time, this group is for you.
Learn new ways and share your tips on how to take specific steps and use positive action to streamline and maximize your credit management policies.

Join me now! http://www.linkedin.com/groups?about=&gid=2652085&trk=anet_ug_grppro