It’s an annoying fact of life but some businesses and industries are prone to needing debt collection support more than others. Is your business one of these? Let’s take a look at whether your type of business is more likely to need a helping hand from online debt collection services like iCollect.
If you fit one or more of the following, then online debt recovery software could be a good fit for your business:
1. Do you have experience in ensuring that debtors with late invoices pay them within a reasonable time?
2. Do you have a cost effective and affordable way to recover debts to ensure a healthy cash flow for your business?
3. Do you have an accounts person or a system to keep on top of slow payers?
4. Have you had experience with bad debtors before?