This is a very frequent question from people who debt collect in their businesses.
Obviously, you would need to call ALL clients or customers with outstanding and due accounts. However, “Who to call 1st when debt collecting?” is a GREAT question, as there are different views and positions on this from different debt collecting professionals.
Who you call 1st really depends on the internal debt collecting system you have established and on your overall cash position in the business. Any of the below listed approaches could work (more…)