Case Studies

Account Receivables Management Visibility Improves Operations at MightyHive

Managing 150 customers’ outstanding invoices is possible. But when those invoices range from $250 to well over $700,000 and are managed by an outside source whose work you can’t see…. well that’s like a blindfold race where you hope your…

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Case Studies

A Streamlined Accounts Receivable Process Helps Network Doctor Better Service Clients

As a managed services partner, Network Doctor has consistently excelled at maximizing small to mid-size companies’ efficiency by solving IT challenges. But internally, the team’s accounts receivable process was far from efficient. An Arduous Process Co-founder Paul Hilbert recalls the…

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Case Studies

AR Management at Vryian Inc. Shifts Hands Seamlessly

When the employee responsible for Vryian Inc.’s AR management went on medical leave unexpectedly, CEO Sath Sivasothy feared that the process of managing invoices for over 2,000 customers would collapse into chaos. Between distributing electronic components for a multitude of…

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Got Invoices?, Receivables Management

Got Past Due Invoices? Here’s How To Successfully Collect!

Past due invoices. 2/3 of American small businesses have them. In fact, it’s often estimated that 20% of all invoices will be paid late- so it’s a fact of business-life you can count on. Here how to make sure the problem doesn’t get…

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FG Philosophy & News, Receivables Management

Getting The Money You’re Owed: Why A Third Party Matters, A Lot!

Here at Funding Gates, our mission is to get you the money you’re owed- fast. Our software is designed to make the process of chasing down past due invoices as painless and successful as possible (less work required and even better results). A…

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Management, Money, Trends

The Secret to Automating Collections without Losing the Human Element

Managing accounts receivable is about managing relationships. And with any business, some relationships are good and others are not so good. Often times, finance executives and managers tend to oversimplify the A/R process. There is a stigma associated with “collections,”…

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Money

How to Gracefully Make the Final Threatening Collection Call

When the traditional strategies for making collection calls to clients isn’t working, you need to begin taking the next steps to collect the overdue payment. Your first collection call was a friendly reminder that the payment was overdue, and you…

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FG Philosophy & News, Money

4 Steps to Create a “Firm” Letter for Your Late-Paying Customers

As a business owner, there will come a time when you need to be harsh with a client about a late payment. The best plan of action is to have a template all ready for yourself that you can use…

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FG Philosophy & News, Money

How to Use Sterner Language in Your Collection Letters

Asking for money can be uncomfortable, so having a plan for how you communicate at each stage of the collections process can alleviate stress. You should have a dunning letter template on-hand that you use when a client still hasn’t…

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