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For a variety of reasons some accounts just don’t respond to the usual 90 days of letters, emails or calls. It is important at this point to stick to your policies and not lose credibility by duplicating previous steps. The. Read More » The post Final Demand Letter Templates appeared first on C2C Resources Commercial Debt Collection Agency.
Debt-service coverage ratio (DSCR) is a vital corporate finance tool. It’s how lenders measure an organization’s available cash flow to pay off debt obligations, essentially a credit score for a business. Even governments use DSCR to determine other countries’ ability to pay for the goods it exports. For perspective, the U.S. government’s public debt hit a historic high of $22 trillion in Feb 2019 , according to the U.S.
Quick: What are the two things that lawyers do the most ? If you answered: respond to email and create documents, you’d be right.? Yet, even as lawyers spend more time answering emails than maybe anyone else, they’re still using antiquated methods for managing conversations with clients and colleagues. So, if you’re looking to get a better handle on your inbox, here are a few tools you can apply: Apply an email management tools that can automate some of your workflow.?
The Credit Services Association (CSA), the voice of the UK debt collection and debt purchase sectors, has won the Excellence in Training Award at the 2019 Collections and Customer Service Awards. The Association was recognised for a string of achievements over the last 12 months, most notably the development of a new learning programme for five new niche apprenticeship standards for Financial Services and Regulatory Compliance, including standards that specifically address the needs of the debt
AI is reshaping industries, yet finance remains one of the slowest adopters. Concerns over compliance, legacy systems, and data silos have made finance teams hesitant to embrace AI-driven transformation. But delaying adoption isn’t just about efficiency—it’s about staying competitive in a rapidly evolving landscape. How can finance leaders overcome these challenges and start leveraging AI effectively?
Recovering outstanding debt from your customers is a difficult but essential part of running a successful business. As a business owner, when it comes to debt collection, you have a variety of options to choose from. You could try using effective communication skills and just contact your customer directly and ask for payment since they could have forgotten or they’re going through a rough financial patch.
Entering into financial agreements as a business is an important decision. In fact, financial decisions are some of the most important business decisions that are made every day. What happens to a business that enters into a financial transaction with another party? What liabilities exist, and what other risks are there to the business that enters into the transaction?
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Entering into financial agreements as a business is an important decision. In fact, financial decisions are some of the most important business decisions that are made every day. What happens to a business that enters into a financial transaction with another party? What liabilities exist, and what other risks are there to the business that enters into the transaction?
These are just some the excuses we hear every day, but don’t accept them! There is always something you can do. If you need help collecting debts, just call us on 0800 069 8777 or email enquiries@tauruscollections.com for more information. Testimonials. Late Payment Calculator. The post [INFOGRAPHIC] Late payment excuses and what you can do about them!
When it comes to debt collection and unpaid invoices, there are many ways a business can collect what is owed to them. Businesses can attempt to collect debt internally, putting a lot of time and resources into establishing processes and procedures, or they can use a debt collection agency that already has these processes in place. Using a debt collection company saves time and money, but what are some of the ways they can help a business?
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