Download or read book Credit and Collection Guidebook written by Steven M. Bragg and published by . This book was released on 2013-02-01 with total page 250 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Credit & Collection Guidebook shows how to achieve a balance between more sales and a reasonable amount of bad debt by focusing on the design and management of the credit and collection functions. The discussion ranges from the structure of specific jobs to the full range of collection and litigation tactics that can be used to collect money from customers.
Download or read book Credit Collection Guidebook written by Steven M Bragg and published by . This book was released on 2020-09-17 with total page 266 pages. Available in PDF, EPUB and Kindle. Book excerpt: Delayed payments by customers can seriously impact the finances of a business, but it is usually necessary to offer some level of credit to them. The Credit & Collection Guidebook shows how to strike a balance between more sales and a reasonable amount of bad debt. It does so by focusing on when to extend credit to questionable customers and how to select the best approach to collecting from late-paying customers. The discussion includes credit policies, credit monitoring, collection techniques, and the necessary controls, procedures, and reports to manage the process. The book also addresses more advanced concepts, such as credit and collection technology, the role of product and service improvements, and litigation tactics.
Download or read book Credit Collection Guidebook written by Steven M. Bragg and published by Accounting Tools. This book was released on 2014-09-15 with total page 245 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Credit & Collection Guidebook shows how to achieve a balance between more sales and a reasonable amount of bad debt by focusing on the design and management of the credit and collection functions. The discussion ranges from the structure of specific jobs to the full range of collection and litigation tactics that can be used to collect money from customers. Other topics include procedures and controls, credit rating systems, skip tracing, and credit risk reduction.
Download or read book Credit and Collections written by Michelle Dunn and published by Cambridge Scholars Publishing. This book was released on 2013-02-14 with total page 99 pages. Available in PDF, EPUB and Kindle. Book excerpt: The credit crisis, high fuel costs, job losses, bankruptcies, foreclosures and the failing economy are all contributing to factories closing, job loss and business owners going out of business because they can’t get paid. Learn how to take specific steps and use positive action to streamline and maximize your credit management policies. This book, Credit and Collections: A Business Perspective, is for businesses that have past due customers and need help collecting from them. It is for businesses who want to check their customer’s credit to limit credit risk and avoid bad debt. Things that have worked in the past are no longer working; everybody’s credit has changed, everyone’s job situation has changed, people have lost their homes due to the economy or weather and the flow of our business cash has taken a hit. Credit and Collections: A Business Perspective will help anyone who has customers that owe them money and will give them specific steps and actions they can take to make effective collection calls that work. This book will show you how to check a customer’s credit and determine their credit worthiness before you extend credit to someone who may not be able to pay you. With this book you can protect your business and your bottom line by protecting your most important asset, your cash flow.
Download or read book Complete Guide to Credit and Collection Law written by Arthur Winston and published by Prentice Hall. This book was released on 2001 with total page 436 pages. Available in PDF, EPUB and Kindle. Book excerpt: This updated edition provides comprehensive covers of aspects of credit and collection law with expert advice, tips and techniques to help credit managers improve their collection efforts and steer clear of costly litigation. The guide includes the actual laws with plain-English explanations of how readers can use them to their advantage, along with precedent-setting law cases and scores of legal citations.
Download or read book Ultimate Credit and Collection Handbook written by Michelle Dunn and published by Entrepreneur Press. This book was released on 2006-08-28 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Entrepreneur’s experts show you how to boost your bottom line with credit and collections Proper credit and collections policies are essential for a small business. They allow a business to make more money--even without making more sales--by more efficiently collecting from customers. Ultimate Credit and Collection Handbook teaches you how to create or improve a credit department, maintain a credit policy, and avoid bad debt. It includes up-to-date information on relevant state and federal laws.
Download or read book Credit and Collections Kit For Dummies written by Steven Harms and published by John Wiley & Sons. This book was released on 2009-07-31 with total page 388 pages. Available in PDF, EPUB and Kindle. Book excerpt: A breakthrough title explaining effective, cost-efficient collection methods In a down economy, the demand for a successful credit and collection game plan increases. Credit & Collections Kit For Dummies is a comprehensive guide for people involved in collection activities with accounts/clients, helping readers approach the often difficult task of collecting from late/slow paying customers, as well as determining when (and if) to extend credit to questionable ones. It gives readers the expert information and tools designed to ensure that their collection methods are both effective and legal. The book's attached CD includes helpful scripts, forms, letters, templates, and spreadsheets to help readers work efficiently and effectively. Note: CD-ROM/DVD and other supplementary materials are not included as part of eBook file.
Download or read book Complete Guide to Credit and Collection Law written by Arthur Winston and published by Prentice Hall. This book was released on 1998-03 with total page 372 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Credit Collection Guidebook written by Steven M. Bragg and published by . This book was released on 2017-10-02 with total page 268 pages. Available in PDF, EPUB and Kindle. Book excerpt: Delayed payments by customers can seriously impact the finances of a business, but it is usually necessary to offer some level of credit to them. The Credit and Collection Guidebook shows how to strike a balance between more sales and a reasonable amount of bad debt. It does so by focusing on when to extend credit to questionable customers and how to select the best approach to collecting from late-paying customers. The discussion includes credit policies, credit monitoring, collection techniques, and the necessary controls, procedures, and reports to manage the process. The book also addresses more advanced concepts, such as credit and collection technology, the role of product and service improvements, and litigation tactics.
Download or read book Essentials of Credit Collections and Accounts Receivable written by Mary S. Schaeffer and published by John Wiley & Sons. This book was released on 2002-10-15 with total page 274 pages. Available in PDF, EPUB and Kindle. Book excerpt: Mary Schaeffer is considered an industry expert and writes a newsletter that focuses on credit, collections, and accounts receivable. * Provides an overview of the credit, collections, and accounts receivable functions for senior level managers. * Provides tips and techniques as well as case studies. * Shows how to stream line the credit process and how to make this area as efficient as possible.
Download or read book Credit and Collection Handbook written by Michael Dennis and published by Prentice Hall Direct. This book was released on 2000 with total page 644 pages. Available in PDF, EPUB and Kindle. Book excerpt: Resource added for the Credit Business Management program 101145.
Download or read book Professional Debt Collection Skills written by GERARD ASSEY and published by Gerard Assey. This book was released on 2021-06-21 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: “Credit Management is the heart of an organizations very survival”. Many studies carried out on the growing sickness in industries and businesses reveal that BAD DEBT is the ONE major cause for bankruptcy. In a successful and vibrant economy, selling on credit has a number of advantages, especially when it generates a larger volume of business as well as widens one's market share. In fact, selling on credit often 'Makes' or 'Breaks' a sale and at most times gives one that edge over competition. Yet, one cannot afford to take this area of credit control so lightly, as too many companies everyday are mounting with debts that are increasingly doubtful of recovery. The most precarious risk therefore to a company’s profit on the sale is by way of interest expense from delayed collection. In essence, that is what credit management is all about and its objective can be said “to have the highest possible debtors (sales) for the shortest possible time (collection/profit)”. Before the customer buys your goods both are interested - he in need of your goods and you in collecting the value of goods sold ie; the money; but once he gets the goods on credit, he is no more interested in fulfilling his obligation of paying. It's only you (for your money!). A company can have the finest product, a superb sales record and the most dedicated workforce, but if it does not get paid for its goods sold (.... and on time!) it will die. An unpaid debt is an unsecured loan being financed by your company (we can’t even call it a loan, because on a loan one earns interest. We’ll probably have to change the activity to ‘charities’!) It means that many companies are prevented from achieving their full potential, because instead of using borrowed money to develop and grow their business, they now have to borrow money just to fund their own sales ledgers (in other words their customers). When you no longer control your debtors, the cost of financing your company's cash flow is at the mercy of those very same debtors. If a business wishes to survive and prosper in today’s economic environment it must pay close attention to all the factors which affect and takes care of its cash flow. Managing Credit and Collecting Money, on time, every time, therefore are the 2 most important and vital factors which decide the fate of any business! This book: ‘Professional Debt Collection Skills’ would essentially help you do just that by covering the necessities in credit and cash flow management right from how bad debt occurs with methods to prevent the same, through the steps of an effective collection call (both on phone and face to face) with emphasis on the importance of documentation, reports, procedures for systematic follow-up; including series of email letters and general tips for chasing your money too, by encouraging proactive methods! From all of these objectives, you will notice that the primary objective of your collection effort is to bring the account current and, at the same time, to keep the account as a customer. Harassment by mail, in person or on telephone is generally not advisable and successful in collecting money or in retaining the account. But, by applying the proven techniques and preventive measures covered in this book, you can look forward to greater success in reducing your outstanding payments while yet retaining your customer, together with the added benefit of staying professional while also enjoying a pleasant, personal and rewarding experience. At the end, you would have learnt to manage credit, using planned preventive measures (the most vital part!), would have learnt to develop a complete systematic collection program, gained confidence in collecting money and have acquired several new ideas for immediate use, including taking back an Action Plan which can be put to immediate practice.
Download or read book Credit and Collection Know How written by Robert J Schwartz and published by . This book was released on 2012-03-01 with total page 256 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book A Quick Guide on How to Boost Your Credit and Stop Collection written by Sherry Beckley and published by . This book was released on 2016-07-27 with total page 64 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is design to stop collection companies in their tracks. Many debt collection companies use illegal practices to collect on accounts that they have no legal authority to pursue. This book will give you inside strategies to help you remove these items off your credit report and help you improve your credit score at the same time.
Download or read book The Complete Guide to Credit and Collection Law 2016 Edition written by Jay Winston and published by . This book was released on 2016-07-01 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Credit And Collections written by John Kovalchek and published by AuthorHouse. This book was released on 2012-10 with total page 61 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book speaks to the basic problems that small and medium businesses encounter when the company begins to grow and their customers begin asking for a "little"time to pay for their purchases and their cash is slow coming;thusbegins the credit department or at least Accounts Receivable.
Download or read book The Art of Quality Debt Collections written by Darryl D'Souza and published by AuthorHouse. This book was released on 2019-08-20 with total page 114 pages. Available in PDF, EPUB and Kindle. Book excerpt: In many respects, collecting debt is a negative job—a fact that all credit risk professionals must be sensitive to. The typical collector may attempt 120 calls a day and speak to 36 customers, and then gain a kept promise from just half of those 36 customers he speaks to. This means the collector has just 18 kept promises and 102 negative results. An 85 per cent negative response rate translates to seven hours of negative feedback in an eight-hour day. This book offers the epiphany that great customer service in debt collections yields far greater kept promises than the above number. Consistent reiteration and coaching of the collections team about the importance of quality has always delivered a 25 to 35 per cent higher performance than the average. There are tips in this book that help you improve collection performance by embracing quality service. This is tried and tested in my career, and this is what this book reiterates.
