OVERVIEW
Case study- If you are facing huge losses because your debtor is not paying you back on the due date. Your cash flow is disturbed and your turnover rates are seen falling because of delaying payments, what can you do?
Let Moneyguard help you.
In business, people generally wait longer than the due dates to collect the borrowed amount and due to this the debtors often turn into bad debt. To prevent such mishaps, We at Moneyguard take utmost responsibility to start the reminder process way before the due date through various methods such as
1. Emailing the third party
2. Courtesy and friendly call to the debtors.
3. Remind Letter to a third party
4. Text messages to the debtors on a regular basis
5. Regular visits of debtors so keep a proper check, this visit is just to remind them that our client is approachable
6. Query and problem solving if the party refuses to pay
7. Account reconciliation