Case Studies
Efficiency in Accounts Receivable Process Helps Platinum IDS
“FG Receivables Manager has definitely made an incredible difference in efficiency,” Jane Autrey, Platinum IDS’ Accounting Specialist noted.…
Money
Decision Time: Is Accounts Receivable Insurance Right for Me?
Unsure about insurance? Of course you are. Accounts receivables insurance-also known as trade credit insurance-can either be a huge financial drain or the best decision you ever made. To help you decide if it’s right for you, here is…
Money
Receivables Management: Employing Social Media to Optimize Collections
There is much debate over the value of social media for small business owners, and although it can be debated for hours, the fact is that social media can be incredibly useful to small businesses, even in the most unexpected…
Got Invoices?, Money
Wording that Works: What Invoice Terms to Include So You get Paid Faster
If you catch more flies with honey, can you collect more payments with sweet invoice terms? The accounting software Freshbooks performed a study, in which they experimented with different invoice terms and saw whether wording affects the number of…
Money, Trends
My Dog Ate Your Payment: Top 5 Customer Excuses for Paying Late
Excuses are a dime a dozen, especially in the world of credit collection. While you may face one you have never heard before (“Our bank account was hit by an asteroid”), customers usually offer a standard set of excuses for which…
Money
Late Paying Customers: How to Identify the Early Warning Signs
DID YOU KNOW? According to Dun and Bradstreet’s database of 34 million businesses, nearly 6% of these businesses’ dollars are over 90 days past due. Avoid being part of this statistic by learning how to identify late paying customers early…