The Kaplan Group

MARCH 18, 2025

Manufacturing firms, especially those engaged in international trade, face similar challenges. The survey results reveal that companies with stringent credit management policies, proactive invoice tracking, and early detection mechanisms are more successful in containing DSO levels.

Manufacturing 52

Manufacturing Healthcare Accounts Receivables Management Collections 52

CICM

JULY 23, 2020

Are you prepared to increase credit limits? If you are Credit Insured have your insurers been reducing cover? How does this affect trading with your customer base? Revisit your collection procedures. Have you considered employing a Debt Collection Agency in the short term? What timescales should you apply.

Credit Management 40

Credit Management Collection Agencies Collections Agency Trade 40

Debt Recoveries

DECEMBER 14, 2020

Accept payment via as many channels as possible, ensure you have EFT (electronic funds transfer), take credit cards, cash, cheques, etc. Have a dedicated, debt collection agency on call, as part of your accounts receivable process. Do you have a credit application form? Clear terms on your invoices?

Debt Recovery 98

Debt Recovery Collection Agent Debtor Collection Agencies 98

Credit Management Company

JULY 14, 2021

Everyone in the debt collection industry is familiar with the Fair Debt Collections Practices Act (FDCPA). Reputable collections agencies willingly follow these rules and treat patients with compassion and respect. The CFPB never said it wanted to stop collections agencies from performing their jobs.

Collections 52

Collections Debt collector Collection Agencies Collections Agency 52

On Guard

FEBRUARY 23, 2023

Perform pre-sales credit checks to determine whether all the accounts are up-to-date, if it is an established company, and if this is a customer you would like to take on. Establish clear terms of trading Be sure to clearly communicate your terms of trading from the onset of the relationship, and that payments must be made within these terms.

Trade 52

Trade Collection Agencies Collections Agency Credit Management 52

On Guard

OCTOBER 1, 2021

And that does not just apply to the data that is collected in the car itself; customer data and payment data is also information that is used within the sector. An annual roadworthiness check reminder or a personal trade-in offer is something that benefits the customer directly. This enables personalised communication.

Manufacturing 52

Manufacturing Credit Management Collection Agencies Collections Agency 52

On Guard

MARCH 15, 2022

A dealer who sells passenger cars usually receives the sale amount after 23 days, while the trade in heavier commercial vehicles must wait no less than 40 days for payment. This often prevents the route to collection agencies and bailiffs. Take out credit insurance. But the differences are big. Fully automated.

Creditworthiness 52

Creditworthiness Collection Agencies Collections Agency Debtor 52