In-House Collections

Companies with outstanding payments from their customers will inevitably require a strategy for recovering past-due balances. Some concerns prevent businesses from collecting in house at all. For example, determining the right time to start collections, the most effective strategy to use, the proper medium for alerting the customer and how to move forward effectively if the first attempt isn’t successful. These concerns are completely valid. Taking on collections in-house poses a number of risks if undertaken without adequate resources or proper compliance with applicable regulations. 

 

How We Can Help

Our method helps your business build an in-house collections department. We will partner with you to build an effective and compliant infrastructure for the process, spanning from the moment an account becomes outstanding and until the moment payment is received. For more information about our in-house collections training, contact Shnaider Law.