Remove Credit Management Remove Debtor Remove Education Remove Retrieval
article thumbnail

How to Reduce Your Collection Cost and Boost Your Cash Flow

Taurus Collect

Customer Insolvency: When a customer goes bust, retrieving owed funds becomes complex. Educate Your Team: Ensure your team is well-versed in effective credit management and negotiation skills. Disputed Invoices: Discrepancies over invoiced amounts or services can lead to stalled payments.