Provide TWO measures a business can put in place to improve collection of
outstanding amounts from debtors.
Answers
Answer
Measure your business' performance by ensuring you track these key performance metrics.
Measure your business' performance by ensuring you track these key performance metrics.1: Outline your payment terms up front. Make it easy for customers to pay you. ...
Measure your business' performance by ensuring you track these key performance metrics.1: Outline your payment terms up front. Make it easy for customers to pay you. ...2: Send invoices and reminders immediately. ...
Measure your business' performance by ensuring you track these key performance metrics.1: Outline your payment terms up front. Make it easy for customers to pay you. ...2: Send invoices and reminders immediately. ...3: Proactively pick out struggling customers. ...
Measure your business' performance by ensuring you track these key performance metrics.1: Outline your payment terms up front. Make it easy for customers to pay you. ...2: Send invoices and reminders immediately. ...3: Proactively pick out struggling customers. ...4: Late payment conditions. ...
Measure your business' performance by ensuring you track these key performance metrics.1: Outline your payment terms up front. Make it easy for customers to pay you. ...2: Send invoices and reminders immediately. ...3: Proactively pick out struggling customers. ...4: Late payment conditions. ...5: Stay top of mind.
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