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Recover unpaid Money
If chasing up payment of your accounts is becoming a problem, here is a system for you.
The longer a debt is outstanding the higher is the likelihood that it will not be recovered. The most fundamental principle of debt collection is constant follow-up, obtaining a commitment of some kind, which in the first instance does not have to be immediate payment but can be an undertaking to pay by instalments.
This document give you messages you can include in the automatic reminders in your accounting system or in a notice on any invoice reminders you send out, as well as suggested time frames, possible telephone scripts and finally, a letter of demand.