How to Create A Customer Credit Application Form

Credit Application FormA credit application is critical to assessing and managing business risk and to identify those customers who you may not want to extend credit to. Despite this, most companies either do not use a credit application form or they do not use them consistently enough. Often times this is a direct result of not knowing what to include in the form in order for it to be effective. A more comprehensive application will give you a better idea of where the customer stands with credit worthiness and gives you more confidence in making the right decision.
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Accounts Receivable Email Templates and Examples

How many times do you communicate with customers regarding past due invoices? This is an important metric to understand because studies show that companies who spend more time communicating with customers have, on average, have much healthier receivables, lower DSO, and less bad-debt. Email is a simple way to get in front of your customers regularly and provide them with all of the information they need to submit payment, but the timing of those emails and the language used will impact if and when they pay you. Email, like all tools, when not used correctly will not work.  Below are a few accounts receivable email templates and a brief explanation of the different types of emails you should be sending to customers.
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