Money, Receivables Management

How to Word Your Past Due Letter

Late payments are a common occurrence for small businesses, but through consistent Receivables Management, you can whip all your customers into reliable, on-time payers. Besides being organized, how you word your past due letter is the most important step towards…

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Money, Receivables Management

How the Construction Industry Avoids The Risk of Non-Payment

Getting paid can be hard for any business, but getting paid in the construction industry is especially difficult. Construction industry businesses do an excellent job of prioritizing AR management- they’ve learned that a strong receivables management program is crucial to…

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FG Philosophy & News, Money, Receivables Management

Collection Strategies for the Most Common Types of Delinquent Customers

43% of small businesses have customers who are 90+ days past due on payments, and almost every small business will have at least 1 past due customer, at some point. According to recent research from Dun & Bradstreet, businesses are…

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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, Money

True Story: I Was a Delinquent Payer

    All businesses should make sure they’re making it as easy as possible for customers or clients to pay their invoices (Here are some tips!). This blog is the perspective of a delinquent payer, to help you understand why delinquent…

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Got Invoices?, Money

How the UCLA Research Administration Decreased Past Due Invoices (and How You Can Too!)

When the University of California, Los Angeles‘ research funding more than doubled over a 10-year period, they knew, without a doubt, that this was going to put tremendous pressure on their research staff. Unfortunately, the Provost of the school, Scott…

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