The potential of collections management software is staggering. Yet, despite its ability to allow businesses to leverage AI to improve collections processes, there remains some scepticism...
Asking customers to pay overdue invoices and payment plans is a standard part of debt collections performed by all companies. However, trying to get them to settle their accounts on time remains a...
Dunning is a 17th-century term used to describe the process of businesses communicating with customers in a bid of collecting outstanding money owed for products or services.
Debt collection is an ever growing issue nowadays. Lending responsibly is one thing, but trying to minimise accounts receivable (AR) is a completely different kettle of fish altogether.
As you know, cash flow is the mainstay of any business. Yet despite its importance in running a healthy operation and accelerating growth, even the most profitable businesses can struggle with cash...