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Wednesday, January 21, 2015

How to Collect Small Business Debt

By jpollack


Every small business knows the importance—and the hassle—of collecting past due balances. Also known as accounts receivable, small business debts must be resolved to maintain positive cash flow and keep the lights on. To avoid cash flow problems, there are some efficient strategies for any small business to keep the books clean and healthy.

Monday, November 24, 2014

Boosting Your ROI with Automated Collections

By ndenholm
 
Study after study has revealed text messaging to be one of the most effective forms of communication there is. More than 9 out of 10 people around the world has access to a cell phone, and SMS has an open-and-read rate of at least 90%. If you’re trying to reach people with crucial information like a bill reminder, there is simply no more reliable method of getting in touch.
 
Saturday, November 22, 2014

Take the Pain Out of Collections with Voice Broadcasting

By jpollack


Many Collections departments consider live agents to be the most efficient way to reach customers and, in a few cases, that’s true. But an effective collections process must incorporate voice broadcasting into their practices. Voice broadcasting is perhaps the most preferable method to reach clients, especially when it comes to sending bill payment reminders.