When the company has branches, the collection must have a system of ongoing monitoring and control by management. Normally
responsible for the collection or the Manager is unable to travel or visit constantly delinquent customers outside the town, only when the amounts owed are a special attention when you've exhausted all the resources normally available to the company . This collection is usually troubled by the distance that is the debtor that is recommended to take the necessary precautions for their implementation.
Such monitoring will not be effective unless you consider a set of information tools such as:
This will keep a record of collection actions taken, as well as enabling all staff aware of the importance of getting paid to secure the future of the company.
both individualized information as a general collection of daily, weekly, biweekly and monthly must be known to the sales manager, as a way to help the work of the sales force, just as the Chief Bond to monitor monitoring accounts receivable.
11. STATUS OF OVERDUE ACCOUNTS
is important to consider a grace period to customers before making a decision of persecution or drastic action. Each period of grace shall conform to the type of operation of the Credit; Conditions, Customer, Amount, and the risk that might mean for the company's failure to consider these variables. This can be from 1 to 10 days. It is recommended that this qualification is performed by a knowledgeable on the subject to avoid taking decisions are not executed prior to reality and is preferable to analyze the economic situation of the debtor.
Experience tells us that the treatment and classification of overdue accounts is the responsibility in the first instance the Head of Collections, who will report later with a report on the situation of each client on the details of collection actions immediately to the Chief superior.
responsible for the collection or the Manager is unable to travel or visit constantly delinquent customers outside the town, only when the amounts owed are a special attention when you've exhausted all the resources normally available to the company . This collection is usually troubled by the distance that is the debtor that is recommended to take the necessary precautions for their implementation.
Such monitoring will not be effective unless you consider a set of information tools such as:
- Age of clients.
- Classification and evaluation of the collection.
- new and old customers.
- Verification of correspondence sent and received.
- Zoning.
- Assessment balances in bank accounts.
- daily collection report, etc..
- trial If the client is subject to the judicial district in which the company has its headquarters.
This will keep a record of collection actions taken, as well as enabling all staff aware of the importance of getting paid to secure the future of the company.
both individualized information as a general collection of daily, weekly, biweekly and monthly must be known to the sales manager, as a way to help the work of the sales force, just as the Chief Bond to monitor monitoring accounts receivable.
11. STATUS OF OVERDUE ACCOUNTS
is important to consider a grace period to customers before making a decision of persecution or drastic action. Each period of grace shall conform to the type of operation of the Credit; Conditions, Customer, Amount, and the risk that might mean for the company's failure to consider these variables. This can be from 1 to 10 days. It is recommended that this qualification is performed by a knowledgeable on the subject to avoid taking decisions are not executed prior to reality and is preferable to analyze the economic situation of the debtor.
Experience tells us that the treatment and classification of overdue accounts is the responsibility in the first instance the Head of Collections, who will report later with a report on the situation of each client on the details of collection actions immediately to the Chief superior.
0 comments:
Post a Comment