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How Has Debtor Management Evolved Over Time?

This article discusses the evolution of debt collection. In the beginning, collections methods were rough and oriented solely to the pursue of payments. With time and practice, collectors came to realize that being aggressive didn’t help them to reach their goals. Little by little, they found that the key to positive results was understanding debtors’ […]

Why Is the Collections Department Important to Companies?

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Debt collection and debt recovery are activities that require well-thought-out processes in order to achieve successful results and encourage the liquidity and solvency of businesses. Whether companies run an in-house department to collect their receivables or they outsource this task to a third party, such as an agency, they must develop a custom collection strategy

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