About the author
FG Philosophy & News
How to Reduce Your Days Sales Outstanding By Over 50%
Here at Funding Gates, we love seeing how every day the FG Receivables Manager helps businesses seriously reduce their delinquent accounts. The conversations we have with our customers on a daily basis are inspiring as we learn how these companies…
FG Philosophy & News, Money
Calling Before the Due Date: How Proactive Contact Could Get You Paid on Time
Editor’s note: Pss…we have FREE call scripts to help you on your collection calls HERE In a perfect world, all of your clients would send you timely payments for each billing cycle. You could send out invoices, and the payments…
FG Philosophy & News, Money
Sending a Severe Letter to an Unresponsive Customer
When you have attempted to contact a delinquent customer for a while and gotten poor excuses – or no response at all – it’s time to turn to a severe letter demanding that your client take action. The best way…
FG Philosophy & News, Money
The Final Countdown: Last Minute Collection Letter Tactics for Severely Delinquent Customers
There will always be those customers who don’t seem to want to pay, no matter how many invoices or well-crafted reminder letters you send. Hopefully your business can avoid these people, but if not, here are some tactics to help…
FG Philosophy & News, Money
How to Craft the Perfect Initial Past Due Reminder Letter
Sometimes important obligations slip through the cracks. It happens to all of us: a forgotten phone call we promised to return, a utility bill payment that gets sent a few days late, an overlooked anniversary. Similar mistakes are bound to…
FG Philosophy & News, Got Invoices?, Money
Send a Reminder Before an Invoice Becomes Past Due
Late payment calls or emails can be awkward, and they can distract from the more important aspects of your business. Avoid chasing down your clients for payments by sending a friendly reminder before the payment is even due. A Friendly…
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…
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…
FG Philosophy & News, Money
Setting Up a World-Class Collection Letters Library
For most business owners, chasing down clients for payment is at the top of their list of things they’d rather not do. At Funding Gates, we’re all about making this process as painless as possible, and one of the ways…
Marketing & Strategy, Money
8 Ways to Encourage On-Time Payment Habits
The question of getting paid is always a sensitive subject, and late payments can cause riffs between perfectly amiable vendor/client relationships. How can you avoid missed payments and help your clients make a habit of paying on time? There are…