Net 30 Blog

Archive for October, 2010

Segment and Assign Sales & Collections Strategies (Part II – Practical Credit & Collections Tips)

Once your portfolio has been scored, the next step is to implement sales targeting, credit line, and collections strategies based on the combination of risk analysis and your own accounts receivable balance. Lower risk or underutilized credit line accounts should be reviewed with sales for potential up-sell opportunities. Higher risk accounts should be queued for [...]

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Start Credit Scoring Your Customers and Prospects (Part I – Practical Credit & Collections Tips)

This week I’m kicking off a three part series of practical tips you can put to use immediately. The first post helps set the foundation for better company-wide insights about the payment risk of all of your customers. The next two posts help you take action. Every business has them. They are a drag on [...]

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