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Category: Debt Recovery Services
How to Budget / Credit collection services
Budget is defined as a balance between income and expenditure. It is wise to budget plan and prepare for the running expenditure and future needs depending on the company’s growth plans. It maybe a family run business wherein it gets all the more necessary to pay detail to a lot of issues…..which would involve maintaining… Continue reading How to Budget / Credit collection services
Aging accounts receivables/Debt Recovery
We all age …even the accounts receivables! Aging accounts receivables refer to the length of time an invoice has been outstanding. It is not advantageous to let account receivables age. It’s healthier for a company to ensure invoices are honored on time instead of payments getting delinquent or aged. Mostly we do not default on… Continue reading Aging accounts receivables/Debt Recovery
Being in Debt / Debt Recovery Services
The tag of being addressed as a debtor with money owed to the market is not a very healthy sign. News travels fast. The market adds fuel to the fire and this causes a bad impression on the reputation of the debtor. Company’s and individual get wary of the debtor in having any financial transactions.… Continue reading Being in Debt / Debt Recovery Services
Money COF / Recovery and Budgeting
Money is the chief operating force in any business. How these funds are used, structured and rotated reflect in the balance sheet and turnover of a company. Giving and taking loans form part of most business houses as it helps in minimizing, controlling and budgeting the functional costs. A company may have its regular set… Continue reading Money COF / Recovery and Budgeting