Home > Uncategorized > More advice on late payments

More advice on late payments

Fairly interesting article here from the always readable Real Business magazine. In essence the give you six tips to prevent late payments from clients.

Sound advice but not I would suggest, written by an experienced credit manager. There is a rightly emphasis on credit checking but no mention of chasing techniques and the fact that telephone chasing is by some distance the most effective method

Also there is the old chestnut of charging interest for late payment. Forget it. It is only applicable if you are blasé about losing the client and few of us are

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