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13 Strategies to Speed up Collections

Originally published: March 2010

Before the Money is Due

Everyone doing business knows that a sale isn’t a sale until the cash is in your bank account. Getting it there when you need it, however, can be a real challenge.

Most companies wait until an invoice is past due before taking action. But why not be pro active?

Here are some strategies you can use before the account is due, that can help you speed up your collections.