Collection Agencies – Essential to Your Cashflow

Collection Agencies

Everybody needs to pay their bills but sometimes your customers forget that simple fact and need a reminder. While you may not have the time to keep up with their late schedule, a collection agency can help you keep your balance sheet healthy. Collection agencies take care of the "dirty work" and let you be the "good guy." Get more information on how to improve your bottom line.

Remember, using a collection agency when invoices are 3 months overdue can gain you 75% of the total collected but waiting until the debts are 6 months old only averages 56%.