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Evaluating collection software.(SELECTED TOPIC)

Business Credit

| May 01, 2006 | Ellwood, John | COPYRIGHT 2006 National Association of Credit Management. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

Companies often reach the point where their accounts receivables department simply needs better software to help track and collect outstanding debts. This can occur due to variety of reasons: the amount of outstanding debts has increased, current billing software does not cater for credit collection or maybe existing collection software has become inadequate or too expensive to continue using. Therefore the choice must be made to purchase collection software powerful enough to handle the task. There are many choices of collection software available on the market, each with its own pros and cons. However, if not approached correctly, the process of choosing the right ...

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