Comments on: Outsourcing Collections and Accounts Receivable? http://www.fourhourworkweekdiary.com/2008/02/03/outsourcing-collections-and-accounts-receivable/ Living the optimized work week Tue, 21 Jun 2011 13:43:20 +0000 hourly 1 http://wordpress.org/?v=3.1.1 By: Harley Marchbank http://www.fourhourworkweekdiary.com/2008/02/03/outsourcing-collections-and-accounts-receivable/comment-page-1/#comment-30 Harley Marchbank Mon, 04 Feb 2008 17:38:20 +0000 http://www.fourhourworkweekdiary.com/2008/02/03/outsourcing-collections-and-accounts-receivable/#comment-30 You ask a very powerful question regarding the outsourcing of your AR & collections. There are many factors to consider when considering the management of this vital business function. At what cost is this beneficial: Time saved, cost to expedite, return or outstanding AR, proper management, handling of your customers, etc. There are many vendors that can expedite such matters, but few to actually do it correctly, and in the fashion you may expect. This kind of service is best done with a vendor with whom you can expect a long term partnership. They must have the resources, experience & willingness to develop a program that is tailored to fit your specific needs. If they are to be a seamless extension of your business, they must understand your business & the principle, by which you built your business, You ask a very powerful question regarding the outsourcing of your AR & collections. There are many factors to consider when considering the management of this vital business function.
At what cost is this beneficial: Time saved, cost to expedite, return or outstanding AR, proper management, handling of your customers, etc.
There are many vendors that can expedite such matters, but few to actually do it correctly, and in the fashion you may expect.
This kind of service is best done with a vendor with whom you can expect a long term partnership. They must have the resources, experience & willingness to develop a program that is tailored to fit your specific needs. If they are to be a seamless extension of your business, they must understand your business & the principle, by which you built your business,

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