Wouldn't you rather end the year with less receivables? Call CAC today! We can help! :)
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Tuesday, December 27, 2011
Monday, December 5, 2011
FREE COLLECTION TIPS: WHEN YOU SHOULD HIRE A COLLECTION AGENCY:
WHEN YOU SHOULD HIRE A COLLECTION AGENCY:
Most smart business owners and managers realize that hiring a collection agency is always a good decision, but they may not realize that if you have delinquent accounts past due your normal time frame, hiring a collection agency is a must-do.
Debt collection agencies of any type have proven success rates that far succeed first party collection attempts unless you’re a large company with a collection agency as a subsidiary. Your salespeople and marketing staff should be working on business building, not debt collection, and your accounting staff is not properly equipped to spend most of their day on collections.
A collection agency will be even more suited to solve your collection problems because they will have familiarity with thorny issues such as local laws, time differences, customs and language barriers. collections are complicated and should be handled by professionals due to the strict laws than now exist.
This is a job that should be turned over to a collection agency immediately so it can be handled skillfully and promptly. Your return will be much greater, your cash flow will improve because you don’t have to pay for their services until they collect, and your time will be freed up rather than trying to navigate different cultures, legal systems and time zones without a compass.
A collection agency is more suited to do these activities than your own or your own staff because a collection agency will be better suited to handle these issues than you yourself are. A collection agency will employ people who speak the local languages and understand local customs. They will also operate during the best hours for collections calls, as opposed to people who live halfway across the world. In addition, they’ll be cognizant of local laws in a way you just can’t do.
The final and crucial advantage a collection agency has is the option of using local private investigators. Most investigation firms operate on a national basis at best, because this is how the databases they access are organized.
http://www.creditauthoritycorp.com/
Most smart business owners and managers realize that hiring a collection agency is always a good decision, but they may not realize that if you have delinquent accounts past due your normal time frame, hiring a collection agency is a must-do.
Debt collection agencies of any type have proven success rates that far succeed first party collection attempts unless you’re a large company with a collection agency as a subsidiary. Your salespeople and marketing staff should be working on business building, not debt collection, and your accounting staff is not properly equipped to spend most of their day on collections.
A collection agency will be even more suited to solve your collection problems because they will have familiarity with thorny issues such as local laws, time differences, customs and language barriers. collections are complicated and should be handled by professionals due to the strict laws than now exist.
This is a job that should be turned over to a collection agency immediately so it can be handled skillfully and promptly. Your return will be much greater, your cash flow will improve because you don’t have to pay for their services until they collect, and your time will be freed up rather than trying to navigate different cultures, legal systems and time zones without a compass.
A collection agency is more suited to do these activities than your own or your own staff because a collection agency will be better suited to handle these issues than you yourself are. A collection agency will employ people who speak the local languages and understand local customs. They will also operate during the best hours for collections calls, as opposed to people who live halfway across the world. In addition, they’ll be cognizant of local laws in a way you just can’t do.
The final and crucial advantage a collection agency has is the option of using local private investigators. Most investigation firms operate on a national basis at best, because this is how the databases they access are organized.
http://www.creditauthoritycorp.com/
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