Description
Gain a better understanding of outsourcing collection of your accounts receivable and if it’s the right decision for you.Many businesses struggle with the collection of their accounts receivable. Businesses sometimes grow quickly and struggle to appropriately staff and train their employees to effectively collect on past due accounts or face obstacles that are beyond the abilities of their credit and collection professionals for various reasons. Sometimes business trends send you into a new area of focus that makes your collection practices stale and unable to produce positive results. This information will give you insight into whether outsourcing the collection of your accounts receivable is right for you, and how you can outsource the collection of your accounts receivable, and will help you set expectations for the outsourcing process. When you have reached the point where recovery of your past due accounts is a struggle, it is time to consider outsourcing to free up your credit and collection professionals to focus on highvalue accounts and maximize the potential recovery you can obtain on your AR balances.
Date: 2024-01-23 Start Time: End Time:
Learning Objectives