Basically debt collection needs to look at not only a letter in the post it needs to be via text, email and other online contact forms.
11 May 21
If your business is struggling with late paying clients or overdue unpaid invoices, your first official port of call in the debt collection process is to issue a debt collection letter – or a letter of demand.
18 Apr 21
When you’re searching for debt collection software to help make recovering debts simpler, it can be difficult to know what questions to ask that are relevant to this particular channel.
16 Mar 21
Credit control management. A bit of a mouthful to say, but it’s an essential function in every business. But what does it mean?
16 Feb 21
Late payment by a customer and needing to implement debt collection techniques doesn’t by any means need to be the end of your business relationship. In fact, done in the right way, it can help preserve your dealings with them for the long-term.
19 Jan 21
They say patience is a virtue, but like invoice deadlines, patience runs out at some point. Unfortunately, some debtors just won’t budge and have no intention, or perhaps no ability, to make their payments.
14 Dec 20
The world of debt collection can be confusing. With the modern world comes more choice, which translates into more decisions. When it comes to debt collection services, what’s best for you? Hiring an agency or using debt collection software?
16 Nov 20
Just like starting a company and navigating the business world, there are substantial lessons to learn when it comes to debt recovery.
5 Nov 20
Small businesses are the lifeblood of the NZ economy and if you run one, it’s your lifeblood too. Improving cash flow is even more essential for smaller businesses, and outstanding debts from your clients are a threat to this.
28 Sep 20
Before you make the all-important decision on the best debt collection method, including whether debt recovery software is right for you, it’s important to understand the process of debt collection in New Zealand.
24 Aug 20
Covid-19 has brought many things into the spotlight for us, including health and wealth.
5 Jun 20
Part of good financial planning is to have a good emergency fund in place to cover unexpected financial events.
17 Aug 18
As any debt collector knows, being owed funds is a tricky situation to be in.
11 Jun 18
As a small business, non-paying customers can be disappointing, frustrating, even infuriating.
18 May 18
With the end of the NZ tax year just behind us, it’s timely to consider the relationship between taxes and debt collection.
5 Apr 18
When compared to the size of our economy, New Zealand’s household debt level is one of the highest in the developed world.
19 Dec 17
Not all debt is equal; there is good debt and bad debt. If you are a debtor, debt is good if it will help you accumulate wealth in the future.
11 Nov 17
It’s easy to collect credit cards and buy on hire purchase. But along the way, you could find you have collected a whole mountain of debt.
25 Oct 17