Receivables Articles

Accounting » Receivables | By James Johnson @ Friday, 22nd August 2008 @ 4:54 PM

Many debt collection agencies are avaliable today, but only a few stand out from the crowd. We examine the standards that you should be loking for when making a choice. So, Why Use A Debt Collection Agency When deciding upon using the services provided by a debt collection agency, the details can seem daunting at first. People use these agencies for a number of reasons so it is important to seek the advice and service of one that best suits your needs. Debt collection agencies ca... more...

Accounting » Receivables | By Amit Kheterpal @ Tuesday, 1st July 2008 @ 3:24 PM

Debt collection agencies in general are considered in the public eye as having a bad reputation of verbal abuse and are accused of using force to get the money back. This misconception built around the fact that some stories which appear in the press give that impression that this is the case with all the debt collection agencies. However, this is not true at all. Most debt collection agencies have well laid out standards for their collectors which prevent them from insulting someone, or ... more...

Accounting » Receivables | By Amit Kheterpal @ Tuesday, 1st July 2008 @ 5:02 AM

The single most important factor in your getting your money back is to spend your money wisely on selecting the best collection agency. These agencies charge based on a lot of variables and in the end that may determine the price you pay for getting back the money owed to debtors. Most of the debt collection agencies charge a percentage of the money they will be able to obtain for you for the delinquent accounts you have. This percentage can vary from say 10% and go up to as high as 50%. ... more...

Accounting » Receivables | By Peter Geisheker @ Saturday, 21st June 2008 @ 8:31 PM

Many people believe that just because a person owns a medical practice they have a lot of money. In some instances this can be true however, many times a physician can own a medical practice and still have very little money to show for it. This is not because he or she is not a good physician, most often it is because he or she lacks the skills to run the business end of their practice efficiently. More and more physicians are finding that using a medical billing service actually helps t... more...

Accounting » Receivables | By Peter Geisheker @ Thursday, 19th June 2008 @ 11:39 PM

Throughout the country, busy medical practices are turning more and more toward medical billing companies because of the level of service they provide. Any type of medical practice can use medical billing. It is a cost effective way to run the business end of your medical practice. Small medical practices often take on the task of medical billing in order to cut corners and to save money. This can be devastating to the financial stability of the medical practice especially if it re... more...

Accounting » Receivables | By Peter Geisheker @ Wednesday, 4th June 2008 @ 1:25 AM

Medical billing has become one of the most cost effective ways of operating a medical practice. No matter how big or small the practice is, medical billing can reduce the amount of time and energy that is spent filling out and submitting claims forms, allowing you staff to attend to the needs of your patients and office duties. Usually, a medical practice needs to hire one person for this position and most often it is very expensive. Submitting claims forms to insurance companies can be ... more...

Accounting » Receivables | By Tristan Andrews @ Wednesday, 27th February 2008 @ 7:15 AM

Debt collection agencies are often a viable option for receiving payment on overdue bills. Here you can earn how debt collection agencies work and what to look for in reputable debt collections agencies. Using outside collection agencies to pursue delinquent accounts may seem distasteful, sometimes even downright objectionable. You may be picturing Tony Soprano, baseball bat in hand, using unprofessional means to harass struggling debtors. As a creditor, when you hire an collection agency... more...

Accounting » Receivables | By Andrew Stratton @ Thursday, 24th January 2008 @ 5:13 AM

The smart business owner strives to spend his or her time working on business rather than in the office handling daily operations such as payroll. A payroll service can help any size company but especially a small business or medium one because this is a job that can be outsourced to experienced, qualified professionals, saving you precious time to work on revenue producing activities. You can choose to spend less time consumed with these in-office tasks and more time concentrating... more...

Accounting » Receivables | By Andrew Stratton @ Thursday, 24th January 2008 @ 5:09 AM

The smart business owner strives to spend his or her time working on business rather than in the office handling daily operations such as payroll. A payroll service can help any size company but especially a small business or medium one because this is a job that can be outsourced to experienced, qualified professionals, saving you precious time to work on revenue producing activities. You can choose to spend less time consumed with these in-office tasks and more time concentrating... more...

Accounting » Receivables | By Terry Cartwright @ Thursday, 10th January 2008 @ 2:28 AM

Undoubtedly the best credit control initiative is to arrange the sales invoicing such that customers pay up front for goods and services. Despite care taken to exercise credit checks on new customers the actual payment experience is often more valuable in practise. New clients can be asked to pay in advance by issuing pro forma sales invoices for the initial orders until credit checks are complete. In businesses which involve the supplier incurring costs prior to invoicing such as purcha... more...