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A tale of two activities: the devolution of credit and collections.(feature article)
Long considered two sides of the same coin, credit and collections have always had their differences. In the B2B world, however, they have more often than not been grouped together as a matter of practicality.
Having the same person handle both credit and collections for a portfolio of accounts receivable ensured continuity and control. The best practice rule of thumb was, and still is, to provide customers a single point of contact. When credit and collection tasks relied on manually executed policies and procedures, nobody knew the customer better than the credit and collection staff member handling the account.
Over the past decade, automation has ...
- The Essential 2009 Credit & Collection Practices Report is Now Available.
- Press release article from: M2 Presswire August 6, 2009 700+ words
...strategies for improving collection performance and reducing...of best practices in credit and collections. This report explores...balancing the cost of collection to reduce uncollectibles...that have retooled credit and collection processes...
- Ways to improve your company's credit collection policy.
- Magazine article from: Air Conditioning, Heating & Refrigeration News Milling, Bryan E. May 18, 1992 700+ words
A better collection policy will...company's collections actually comes...on a sound credit decision process...conscientious credit checks will...conscientious collection effort is...necessity. Collections Firms that...effective collection efforts have...if your credit ...
- The Report 'Credit & Collection Practices 2008' Explores How Companies Are...
- Press release article from: Business Wire August 27, 2008 700+ words
...strategies for improving collection performance and reducing...of best practices in credit and collections. The report explores...balancing the cost of collection to reduce uncollectibles...that have retooled credit and collection processes...
- Research and Markets: The Essential 2009 Credit & Collection Practices Report...
- Press release article from: Business Wire August 6, 2009 700+ words
...strategies for improving collection performance and reducing...of best practices in credit and collections. This report explores...balancing the cost of collection to reduce uncollectibles...that have retooled credit and collection processes...
- Research and Markets Adds Report: Credit & Collection Practices 2009
- Newspaper article from: Wireless News August 12, 2009 700+ words
...strategies for improving collection performance and reducing...of best practices in credit and collections. This report explores...balancing the cost of collection to reduce uncollectibles...that have retooled credit and collection processes...
- Research and Markets Offers Report: Credit & Collection Practices 2009.
- Magazine article from: Entertainment Close-up August 10, 2009 700+ words
...strategies for improving collection performance and reducing...of best practices in credit and collections. This report explores...balancing the cost of collection to reduce uncollectibles...that have retooled credit and collection processes...
- ASSOCIATED CREDIT & COLLECTION BUREAU: THE PROBLEM SOLVERS!
- Magazine article from: Units November 1, 1999 700+ words
...with rental collections. In 1989, Associated Credit & Collection Bureau (ACCB...the national credit reporting agencies...resident's credit rating for...successful apartment collections are from accounts...choice for your collection needs and we...
- Passage to India: the tidal wave of offshoring business processes has reached...
- Magazine article from: Business Credit Gamble, Richard H. November 1, 2003 700+ words
...thinks commercial collections work is ripe for...Most commercial collection operations depend...ask Val Venable, credit manager, GE Plastics...Outsourcing B2B collections helped GE Plastics...management, and the credit decisions. And...They also make collection calls to eight...