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Finding A Collection Agency: Part 3 - Things to Consider

Credit Management Company

One way is to hire collection agencies. Finding the best collection agency partner is a reliable way to get the money your business needs. With effective collection agents, you can get paid faster and increased legal protection. The reason for this is that collection agencies take a percentage of the debt they collect.

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Debt Collection Email Templates To Help You Collect Debts Faster

Debt Recoveries

Let’s face it, snail mail is dead, so your internal debt collection processes should start with some good debt collection email templates. So here are 3 debt collection templates that are guaranteed to get your customer to sit up and take notice: 1. Forget about snail mail. Pre-Due Reminder Email.

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6 Quick Steps to Increase Cash Flow and Reduce Debt

Debt Recoveries

Hi, my name is Adam Stewart, Debt Collection Expert and owner of Debt Recoveries Australia.I Profit is great, on paper, but if you have not yet collected the payments from your sales, even though your books will show a nice profit, your cash flow may well be terrible because you are still waiting for people to pay.

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Cash Flow during COVID

Debt Recoveries

The COVID-19 has taken the world by surprise and we here at Debt Recoveries Australia wanted to share some tips for maintaining cash flow within your organisation in the current economic climate. Accept payment via as many channels as possible, ensure you have EFT (electronic funds transfer), take credit cards, cash, cheques, etc.

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Managing Cash Flow During Covid

Debt Recoveries

Profit is great, on paper, but if you have not collected the payments from your sales, even though your books will show a nice profit, your cash flow may well be terrible because you are still waiting for people to pay. Have a dedicated, reliable, debt collection agency on call, as part of your accounts receivable process. . .

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How to Collect Debts Fast and Improve your Accounts Receivable

Debt Recoveries

Unless you are actually a debt collection expert like Debt Recoveries Australia , there is a good chance that you have quite a few higher priorities than managing your company’s accounts receivable. You might even delegate that task out to an assistant or employee without much thought to collect debts fast.