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How to Collect Debts Fast and Improve your Accounts Receivable

Debt Recoveries

We suggest 7 days since, with automated banking, this is a reasonable time period for most companies. . Send Your Invoice at the Startto collect debts fast. Have a Credit Management Policy in Place. This decision is much easier if you make it in advance and include it in your billing and collection plan.

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The Economic Impacts of the Debt Collection Industry

Credit Management Company

According to a survey from ACA International’s Ernst & Young , the federal government collected $852 million in taxes from the industry in 2016. State and local governments collected $652 million, paying for things like: Transit infrastructure. Collection efforts are not a zero sum game. Public utilities. Medical care.