ArchivesTag : debt collection
How Do You Manage Legal Risk? Peter Aked – Eakin McCaffery Cox
Protecting your business with good documents might just be your last line of defense! In today’s economy managing business legal risk is one of the most common challenges businesses face. This week Peter Aked from Eakin McCaffery Cox explains that there are two aspects to this…
Full StoryIs It Worth Paying A Collection Agency?
When your frustration has completely boiled to the surface with you debtor/s it may be time to call in a debt collection agency. Typically once your invoice has reached 90 days the chances of recovering your debts becomes exponentially lower…
Full StoryDiscounts For Early Invoice Payments, Do They Work?
I often get complaints from new clients that they offer discounts for early payments on invoices, however their customers either send a cheque on the due date (which obviously gives them up to seven extra days!) or simply pay late and deposit the discounted amount making it not worth your while to chase them for the rest.
Full StoryAccounts Receivable Cash Flow, Your Lifeline To Survival
Rescue your cash flow by keeping on top of your debtor payments
Accounts receivable is a vital cash driver because at the end of the day, your business day’s receivable could be the defining factor in terms of the financial viability of your business.
Cash is practically the lifeblood of your business and it drives each and [...]
Fourteen Top Debt Collection Tips To Help You Get Paid
The most common problem we find with clients is their inability to make those very important collection calls for overdue invoices. Most small businesses struggle with this aspect as usually the person doing the collecting is the person who is doing the work which can make it a little daunting to pick up the phone.
Take [...]
Trade Credit: Avoid destroying your cash flow (video)
We have all heard the stories about how both large and small businesses have been taken down when one of their customers goes broke. Here we learn how to manage this risk.
Full StoryPartnership Debtor Finance
For business owners and introducers that are unaware, AR Cash Flow offers a Partnership Debtor Finance service for businesses that want to maintain control over contact with their customers and collections of invoices. We will assist with monthly statements for outstanding debts and have the flexibility to have our “soft collections” team assist you in [...]
Full StoryIs a factor really a debt collector?
A common question a potential client will often ask me is: Will you hassle my customers? The simple answer to this is no. Yes we do collect your money for you and yes we do chase payments for you. However, factors only really do what you do, or what you should be doing. This means we simply [...]
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