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FG Philosophy & News, Money

Accounts Receivable Management: 13 Tips and Tricks to Get You Paid

Ever wish you could just snap your fingers and start getting your late paying customers paying on time? Dream of your delinquent accounts miraculously mailing you in a check? Sadly there is no (yet) discovered magic that can help make…

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Money

Delinquent Accounts: The 3 Simplest Ways to Get Them Paid Fast

Nobody likes those words: delinquent accounts. Just hearing the phrase makes most business owners cringe. Delinquent accounts are synonymous with many things: a lack of cash, strained customer relations, losing sleep, unknown pay days, etc. etc. Delinquent accounts are something NO…

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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

101 Ways to Optimize Your Receivables Management

Think about this: 43% of small businesses have customers who are more than 90 days past due on payments. In fact, 1 in 4 have serious trouble collecting payments from their customers. Late paying customers are a true epidemic and…

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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…

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Money

Collection Call Script: Prepare Yourself to Get Paid

Immediately access the collection call script. When you have a customer who hasn’t paid you and you want your money (who doesn’t?), one of the most effective things you can do is get on the phone and call them.  Although…

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Money

Collection Letter Template: Figures of Speech to Get You Paid on Time

Getting customers to pay on time is like pulling teeth. When people say they have a process to make collections as easy as ABC, their explanation is about as clear as mud. It seems like their is no REAL solution and…

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Money, Receivables Management, Trends

Receivables Management: 5 Reasons Why Customers Pay Late and the Solution to Each Case

Next time you call a customer to follow-up on an invoice, it is important you know how to sift through the excuses they give over the phone or in an email. Unless you know the precise reason why they are…

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Management, Money

Five Tech Solutions To Help You Keep Your New Year’s Resolutions

December is well underway and it’s time to start thinking about how you’ll improve for next year. Resolve to grow your business and find better work-life balance¬†with the help from these 5 awesome tech solutions.   1. Google Drive Upload…

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Money, Receivables Management

You Might Have an AR Problem If…

If you’ve been suffering from a lack of income, and can’t quite seem to figure out why you’re having cash flow problems- it’s probably time to take a closer look at your Accounts Receivable. Practicing Receivables Management can make the…

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