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How to Prevent Bad Debts in 2023. Tips from a Debt Collector

Debt Recoveries

The client might not have the cash on hand to pay right away (this is a concern in the construction sector where milestone payments are typical or in the rural / farming sector where income is dependant on seasonal crop harvesting). . Do you employ a credit management system? The post How to Prevent Bad Debts in 2023.

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How to Completely Overhaul Your Credit and Collections Process

Taurus Collect

By taking a closer look at the challenges and opportunities, you can implement solutions that not only reduce debt collection fees but also create a more efficient system overall. Let’s transform your approach to credit management. Friendly Follow-ups : Schedule phone calls to discuss outstanding debts in a constructive manner.