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Cash is the lifeblood of any business. Without it your business cannot exist. Like the heart needs blood, the business needs cash.
Having a good credit policy and following your policy will determine the health of your cash flow. Collecting at the time of service carries the least amount of risk and best cash flow solution. However, this is not always the case so your ability to gather information on your customer and follow-up on accounts that are not paid within your credit terms is critical. The less information you have the harder it is to follow-up.
Your ability to effectively communicate in a timely manner will determine when and if you get paid. If you haven't been paid within 90-120 days your chances of collecting have reduced dramatically. That's because the older an account gets the less collectable it becomes.
CCS offers a full range of services that can be customized for your needs.
Please visit our classic desktop website for more information on these services.
