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Commercial bad debt- Why outsource your bad accounts
- It is relatively easy to outsource your bad debt accounts.
- It is much more difficult to pick the correct commercial debt collection agency that will become your collection partner.
- Accredidations, memberships, tenure, web site, bonded, company articles and certifications, referrals, online data tracking reports, certifications are extremely important check points for your search.
- Personal contact with executive in the selected company will get you a better service and a person to go to when things need to be straightened out.
- Collection rate is important but the % of collection is just as important, the real cost is the uncollected portion.
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