Tag: best debt collection agency

Why End of Financial Year Is the Smart Time to Refer Aged Debts

Why End of Financial Year Is the Smart Time to Refer Aged Debts

In Australia, the end of financial year (EOFY) on June 30 marks a pivotal time for businesses to finalise their financial records and lodge tax returns. It also provides companies with a valuable opportunity to assess their financial health over the past year. Businesses seeking debt collection also use this…

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In-House vs. Outsource: Choosing the Right Debt Collection Strategy

Collecting debts can be a frustrating endeavour, especially when dealing with stubborn and dishonest customers. This often places a significant burden on business owners and staff, particularly in micro, small, and medium enterprises with limited resources. When invoices remain unpaid, companies may face challenges that can disrupt operations, hinder growth,…

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