Dunning refers to making insistent demands for the payment of a debt and refers to the collections process when used in a ...

Assign collections tasks to dedicated back-office staff — not customer-facing employees or founders — to preserve positive customer relationships and position your business as organized and robust.

In today’s fast-paced digital economy, convenience is a necessity. Businesses that prioritize seamless, intuitive experiences outperform those that don’t. Nowhere is this more evident than in the ...

We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. One of the issues is that the debt collections process can feel ...

Allowing customers to extend their payment deadlines by 30, 60, 90 days or more is akin to extending an interest-free loan at your expense. While it may seem like a small concession in the short term, ...

Hospitals have many clinical and business considerations that may impact their sustainability in the consumer-driven market. Obtaining collections from patients is crucial to a hospital’s bottom line ...

Big Law's emphasis on improving the billing and collections process is confronting challenges and variance in practice area performance. Many law firms are seeking to improve their billing and ...

This guide was reviewed by a Business News Daily editor to ensure it provides comprehensive and accurate information to aid your buying decision. The decision to send someone to collections is one ...

Take proactive measures to streamline your collections process and prioritize quick payment. In the complex landscape of business operations, collections often emerge as a formidable challenge. It is ...

April Sackos, director of business office operations for Meridian Surgical Partners, shares two pieces of advice to help an ASC maintain a good collections process. 1. Communicate expectations.

Here are 10 tips to implementing a more efficient and successful ASC collections process from Bill Gilbert, vice president of marketing; and Brice Voithofer, vice president of ASC services, AdvantEdge ...