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Breaking BAD | A day in the life of an Onguard Collections Agent

On Guard

A day in the life of an Onguard Collections Agent. According to the CICM, the most important report for any credit manager is the Aged Debt report. Create automated management reporting templates and schedule the frequency of reporting to senior management. Breaking BAD | Big Aged Debt.

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6 Quick Steps to Increase Cash Flow and Reduce Debt

Debt Recoveries

Slow paying debtors means more cash is locked-up so you cannot use it to pay your own bills and staff; this is usually the biggest contributor to bad cash flow. Debtors paying sooner will create a faster flow of cash so you can reduce your borrowings, or fund growth more easily. Keep abreast of you current cash flow state of affairs.

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How to Collect Debts Fast and Improve your Accounts Receivable

Debt Recoveries

In order to prevent serious cash flow problems before they get started, here are 12 quick tips to collect debts fast and make sure your receivables continue flowing smoothly. . Knowledge is power, and the more you know about your debtors/customers, the more power you have. Our debtors know we will not give up easily.

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Risk & Reward: A Collection Agent’s Point of View

The Kaplan Group

In collections, we often have to weigh risk and reward and make similar calculations. When trying to decide what the riskier or safer course of action is, we consider not only the amount of money owed, but also the specific debtor company and management, the business sector and the economy in general.

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Finding A Collection Agency: Part 3 - Things to Consider

Credit Management Company

One way is to hire collection agencies. Finding the best collection agency partner is a reliable way to get the money your business needs. With effective collection agents, you can get paid faster and increased legal protection. Visit our website to learn more about the technology used at Credit Management Company.

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Managing Cash Flow During Covid

Debt Recoveries

Slow paying debtors means more cash is locked-up preventing you from using it to pay your own bills and staff; this is normally the biggest contributor to poor cash flow. Debtors paying sooner will create a faster flow of cash so you can reduce your borrowings, or fund growth more easily. . Solvency . Customers . Creativity .

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Cash Flow during COVID

Debt Recoveries

Slow paying debtors means more cash is locked-up preventing you from using it to pay your own bills and staff; this is normally the biggest contributor to poor cash flow. Debtors paying sooner will create a faster flow of cash so you can reduce your borrowings, or fund growth more easily. Can you pay your bills as they fall due?