Commercial Collections Blog

Profitably Manage Receivables with a Credit Policy

The best way to avoid having to work in a reactive mode in the future is to build a sound, proactive credit policy now.

To realize all the benefits of a formalized credit policy, nine areas need to bey addressed.

The  sections of a sound credit policy are:

1. Mission Statement

2. Goals

3. Define Credit Limit Authority

4. Credit Evaluation

5. Credit Limits

6. Terms

7. Account Monitoring

8. Credit Hold

9. Collections

Debt Collection News

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    April 24, 2018
    Global Debt Collection Software Market 2018 by Manufacturers, Regions, Type and Application, Forecast to 2023 report published by Fior Markets ... market events including product launches, technological developments, mergers & acquisitions, and the innovative business strategies opted by key ...
  • How You Should Respond To Debt Collectors

    April 24, 2018
    The debt collector has 30 days to respond to your request. If they respond and are able to prove this is your debt, then you can begin to negotiate some type of settlement. The world of debt collection is a dirty business. Its important you equip yourself with the knowledge to know how to deal with them so ...
  • Teleperformance: First-quarter 2018 revenue

    April 24, 2018
    PARIS--(BUSINESS WIRE)--Regulatory News: Teleperformance (Paris:RCF), the worldwide leader in outsourced omnichannel customer experience management, today released its revenue for the first quarter of 2018 (period from January 1 to March 31, 2018). STRONG GROWTH IN LIKE-FOR-LIKE ...

    April 24, 2018
    As businesses move from people-centric debt collection to automated collection services, it is important to examine the relative benefits and see which human skills are still needed when making use of services such as 'Am I Paid?' in order to recover debt from an individual or business: 1. Patience and ...
  • Debt Collection Software Global Market Players by 2023- Quantrax Corp, Comtronic Systems ...

    April 24, 2018
    The analysis of Debt Collection Software development openings, region-based information, and speculation achievability study will prompt collection of revenue. All the Debt Collection Software marketing strategies, business strategies, and forecast Debt Collection Software market trends will help the ...