Dealing With Disputes

by: Nichola Smith

Disputed debts are a pain! Every Credit Controller would agree that the time taken to deal with disputes on the aged debt is time which could be spent calling the customers/clients who do pay or the larger accounts where their group targets will be hit and a nice bonus is their's for the taking. However, no debt should be ignored. Take a look at your aged debt today with your Credit Controller or indeed your team. If there are any debts over 60 days ask them why. If the answer is 'well that's disputed' you have a problem. A worthy Credit Controller loves and nurtures and takes pride in the aged debt that is presented to them because it is a reflection of themselves and their performance. Disputes are dealt with quickly and treated like the parasites they really are and are swatted away because they do affect your cashflow and so will lazy Credit Controllers. Persistence is the key to keeping that aged debt and your cashflow healthy. Why not visit our website and subscribe to our newsletter which gives you tips on dealing with disputes. About the author: After 20 years in debt collection we wish to dispel the myths and help you to maintain your cashflow and overdue debtors with ease. Our articles are aimed to assist you in this process and you can obtain further hints and tips by visiting our website. Circulated by Bandoni Media