Collections & Bad Debt

If your company is struggling with bad debt and collections, this template can help. It provides a step-by-step guide for identifying and addressing problem accounts, including a system for tracking payments and overdue invoices. It also outlines procedures for contacting customers and negotiating payment plans, as well as strategies for managing uncooperative or unresponsive debtors. Implementing this system can help you get your finances back on track and improve your bottom line.