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3 Industries with the Greatest Challenges in Debt Collection
Companies today must ensure that they have enough cash on hand to meet daily expenses, pay employees and vendors. Unfortunately, many businesses are unable to collect money owed them...
July 21st 2023 Author: Brendan Gilbert
Demand Letter Meaning: Understanding the Power of a Demand Letter - A Comprehensive Guide
What is a formal notice demand letter? Have you ever been in a situation where you or your company had to ask someone to take action or provide compensation?...
June 20th 2023 Author: Brendan Gilbert
Collection Attorney vs. Collections Agency: Which is Better?
Debt collection, including commercial debt collection, can be a challenging and stressful process, both for creditors and debtors. In some cases, the debtor is unable or unwilling to pay...
March 11th 2023 Author: Brendan Gilbert
Accounts Receivable Turnover Ratio: What It Means and How To Calculate It
A guide explaining the Accounts Receivable Turnover Ratio meaning, how to calculate it, and its limitations. What is Accounts Receivable Turnover Ratio? The accounts receivable turnover ratio measures...
February 15th 2023 Author: Brendan Gilbert
What Is an Invoice? Examples, Best Practices, and Tips
What an invoice means, the different types of invoices, and best practices for processing invoices the right way. What is an invoice? An invoice is a document stating...
February 8th 2023 Author: Brendan Gilbert
