Join us for a breakfast seminar as Dave Simmons and Rick Rauch share their collective expertise and experience regarding best practices for improving collections in any business.
The effective and efficient collection of accounts receivable is a key component of good cash flow management and integral to the success of a business. Any business that extends credit to its customers is at risk with its cash flow management and operates not only in its core business, but in the banking business as well.
Fortunately, there are “best practices” that a business can implement to mitigate the risk inherent with extending credit to customers. These practices involve not only the litigation of receivables and the enforcement of judgments, but also various techniques that can be implemented during the original transaction and the period leading up to court proceedings.