Username:   Remember Me
Password:  

Uber Articles {Über (ger) adj. above, beyond }

- Above and Beyond a Mere Article Directory

 
 

How to Collect Your Accounts Receivable In a Timely Manner

By Andrew Liebowitz

In today’s day of age, companies constantly have to stay attuned as to how they will maintain their bottom line. Companies have to make do with less staff performing more tasks they might not feel comfortable doing. The accounts receivable department is a perfect example of this. As one of the most important departments in any company, seeking to track down debtors, they could use the outside help from professional debt collection agencies who will simplify the process and be a cost effective alternative.

When you bring in a debt collection company to cut down on your accounts receivables, what should their approach be when they first contact your debtor. It is imperative that they reach out in a firm but friendly manner. No one likes to feel threatened in a moment they are first confronted by a stranger.

First impressions are a key indicator as to how a business relationship will go. In today’s computer age, your gut feeling might tell you to send an email but a phone call is the professional way to handle your first interaction with a debtor. By hearing your voice and tone your using, the debtor might get caught off guard and display their weakness. This will allow you to manipulate them and be in control of the conversation to get your desired result.

With all the debt collection agencies claiming to be retrieving your debt ,how do you know which one to bring in and work with your company. The right one should do the following when handling your accounts receivable. These include boosting deduction recoveries significantly, preventing post-audits and identifying core sources.

With the economy on the downturn, more and more companies might find it hard to re pay their debt. It is important for debt collection companies to take strong action and firm action when handling debtors. Look for a firm with a wealth of expertise in collecting account receivables.

Rapid Recoverys Solution is an attorney based collection agency that can help you with accounts receivable collections. Call RRS today for more details!. Also published at How to Collect Your Accounts Receivable In a Timely Manner.

Article kindly provided by UberArticles.com

Topics: Finance | Comments Off

Tags: , , , , , , , , ,


Article Citation
MLA Style Citation:
Liebowitz, Andrew "How to Collect Your Accounts Receivable In a Timely Manner." How to Collect Your Accounts Receivable In a Timely Manner. 18 Oct. 2012. uberarticles.com. 13 Oct 2015 <http://uberarticles.com/finance/how-to-collect-your-accounts-receivable-in-a-timely-manner/>.

APA Style Citation:
Liebowitz, A (2012, October 18). How to Collect Your Accounts Receivable In a Timely Manner. Retrieved October 13, 2015, from http://uberarticles.com/finance/how-to-collect-your-accounts-receivable-in-a-timely-manner/

Chicago Style Citation:
Liebowitz, Andrew "How to Collect Your Accounts Receivable In a Timely Manner" uberarticles.com. http://uberarticles.com/finance/how-to-collect-your-accounts-receivable-in-a-timely-manner/


Reprint Rights

Creative Commons License
This article is subject to a revocable license under a Creative Commons Attribution-No Derivative Works 3.0 Unported License, which means you may freely reprint it, in its entirety, provided you include the author's resource box along with LIVE VISIBLE links (without "nofollow" tags). We may revoke the license at any time with or without cause. You must also include the credit to UberArticles.com.

Comments are closed.

Disclaimer
Uber Articles and its partner sites cannot be held responsible for either the content nor the originality of any articles. If you believe the article has been stolen from you without your permission, please contact us and we will remove it immediately. If you have a problem with the accuracy or otherwise of the content of an article, please contact the author, not us! Also, please remember that any opinions and ideas presented in any of the articles are those of the author and cannot be taken to represent the opinions of Uber Articles. All articles are provided for informational purposes only. None of them should be relied upon for medical, psychological, financial, legal, or other professional advice. If you need professional advice, see a professional. We cannot be held responsible for any use or misuse you make of the articles, nor can we be held responsible for any claims for earnings, cures, or other results that the article might make.
  • RSS Feed

    RSS for Finance