How to Create the Perfect Collection Letter

Communication with customers is the most important step in ensuring you will receive payment. People get busy and if you aren’t on their radar, they may simply forget about you, or see an easy way out of paying. Sending a collection letter, or email, is a tried and true way to get your customer’s attention if they are overdue on their payment. This communication should be sent out as soon as the invoice has gone unpaid and past the term limits.
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Unlocking the True Power of A/R Dunning Letters

Dunning LettersA dunning letter, also known as a collection letter or past due notice, is written to inform customers that they have an overdue invoice and how to correct the issue. A well written dunning letter can be an extremely effective tool for any business who invoices customers for products/services. Writing dunning letters is not necessarily hard to do, but there are some secrets that can help you increase the likelihood that your dunning letter will result in customer payment.
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