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Topic: Debt collections

How 2020 changed credit control forever
Debt collections Credit control & accounts receivables Culture

How 2020 changed credit control forever

Last year brought major changes in doing business that will be felt across the world for a long time.

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6 best debt collection software in 2026: reduce DSO by 75%
Debt collections Collections

6 best debt collection software in 2026: reduce DSO by 75%

As a CFO or finance manager, you know that unpaid invoices aren’t just numbers. They lock up cash, complicate...

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Collection effectiveness index: How to calculate your debt recovery
Debt collections

Collection effectiveness index: How to calculate your debt recovery

Your board wants clearer cash forecasting. Your lender wants fewer surprises. Your aged-debtors report looks...

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When to send unpaid invoices to collections (and why timing matters)
Debt collections Credit control & accounts receivables Collections

When to send unpaid invoices to collections (and why timing matters)

Every finance team has faced the same challenge: an invoice that lingers unpaid long after its due date. At...

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Balance sheet forecasting: How to forecast your key line items
Debt collections Payments Recession Cash flow Collections

Balance sheet forecasting: How to forecast your key line items

Are you making critical business decisions, like whether to hire a new employee or buy new equipment, based...

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What is debt collection and how does it work?
Debt collections

What is debt collection and how does it work?

Most UK businesses lose £15,000 GBP+ annually to unpaid invoices, and the majority don't have a systematic...

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Can a debt collector take you to court after 7 years?
Debt collections

Can a debt collector take you to court after 7 years?

When it comes to managing personal finances, few things can be as stressful and daunting as dealing with old...

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What happens if you lose a debt collection lawsuit?
Debt collections

What happens if you lose a debt collection lawsuit?

Facing a debt collection lawsuit is a stressful experience. Many individuals find themselves in this...

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How much do debt collectors pay for debt?
Debt collections

How much do debt collectors pay for debt?

In the complex world of finance, debt collection is a significant aspect that affects individuals and...

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What happens when a debt is sold to a collection agency?
Debt collections

What happens when a debt is sold to a collection agency?

When unforeseen circumstances lead to financial struggles, managing debt can become a daunting challenge....

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What happens if you don't show up to court for debt collection?
Debt collections

What happens if you don't show up to court for debt collection?

In today's world, being in debt is all too common, and navigating the legal system can be overwhelming....

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What is a write off & how companies use it
Debt collections Receivables management

What is a write off & how companies use it

Navigating the world of finance can often feel like entering a complex maze of terminologies. One such term...

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