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Drive More Timely Payments PDF Print E-mail
By contacting your customers timely and systematically, following "Best Practices" of alternating the medium of the messages, a company will collect more of their accounts receivable quicker.

Resulting in:

    • Increased working capital.
    • Reduced need for receivable financing.
    • Reduced payroll.

    Why is this so important?  The longer an account remains unpaid, the lower the probability of collection.

    Age of Receivables
    Becomes Uncollectible

    3 months delinquent

    27%

    6 months delinquent

    43%

    12 months delinquent

     75%

    Source: Commercial Collection Agency Section of the Commercial Law League of America

 
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