Managing Debt

posted in: Finance | 0
This content is taken from our Credit Control Guide No matter how good your procedures, or how effectively you manage them, it is inevitable that, at some point, you will face dealing with debtors. This section will help you to keep on top of what you are owed and assist with making recoveries. Effective debt management Average number of days to be paid. It is good practice in any firm to regularly monitor the collection of debts. This is necessary for priorities to be identified and for assessing how successfully your firm's debt collection procedure is working. You will find

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