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[FREE] Template: NSF Check Reminder for Placing Account on Credit Hold

Leverage this free, ready-to-use follow-up letter template to remind senior leadership about the consequences of delayed payment and secure your A/R now

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About this course

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lessonOverview

Do you know that 1 out of every 4 bad checks (or NSF checks) cannot be settled? As a credit manager, how can you avoid becoming one of them by safeguarding your accounts receivable? Because any delay in taking action could result in DSO accumulating over time, which would have a ripple effect on the overall cash flow of your business.

Use this follow-up letter template and discover what to include while communicating the probable consequences to senior management and secure your A/R now. Download it for free!

Key Takeaways:

  • 3 Major Impacts of NFS Checks 
  • How to Optimize your Collections with Credibility
  • How to Attract Businesses Growth and Expansion while Mitigating A/R Risk
instructor
name title image description
ROBERT SHULTZ Founder, Quote to Cash Solution This template has been created by Robert Shultz. With an immense experience of over 30 years as a global credit and financial executive for large multinational companies. Robert also provides consulting services in all aspects of the credit and collections process for companies of all sizes in a variety of industries. He is one of the founding partners of Quote to Cash Solutions.
recommendation
image tag title description link duration
Deductions Resolution Negotiation Strategies to Deal with Difficult Customers Learn how both verbal skills and writing may be more critical to the final settlement outcome than the information itself. https://academy.highako.com/the-art-of-communication-negotiation 60 Mins
Collections Prioritization Effective Collection Call Negotiation Techniques Watch this tutorial to understand the pros and cons of different collector's behaviors, negotiation styles, and approaches. https://academy.highako.com/effective-collection-call-negotiation-techniques 120 Mins

About this course

promoImage
description
lessonOverview

Do you know that 1 out of every 4 bad checks (or NSF checks) cannot be settled? As a credit manager, how can you avoid becoming one of them by safeguarding your accounts receivable? Because any delay in taking action could result in DSO accumulating over time, which would have a ripple effect on the overall cash flow of your business.

Use this follow-up letter template and discover what to include while communicating the probable consequences to senior management and secure your A/R now. Download it for free!

Key Takeaways:

  • 3 Major Impacts of NFS Checks 
  • How to Optimize your Collections with Credibility
  • How to Attract Businesses Growth and Expansion while Mitigating A/R Risk
instructor
name title image description
ROBERT SHULTZ Founder, Quote to Cash Solution This template has been created by Robert Shultz. With an immense experience of over 30 years as a global credit and financial executive for large multinational companies. Robert also provides consulting services in all aspects of the credit and collections process for companies of all sizes in a variety of industries. He is one of the founding partners of Quote to Cash Solutions.
recommendation
image tag title description link duration
Deductions Resolution Negotiation Strategies to Deal with Difficult Customers Learn how both verbal skills and writing may be more critical to the final settlement outcome than the information itself. https://academy.highako.com/the-art-of-communication-negotiation 60 Mins
Collections Prioritization Effective Collection Call Negotiation Techniques Watch this tutorial to understand the pros and cons of different collector's behaviors, negotiation styles, and approaches. https://academy.highako.com/effective-collection-call-negotiation-techniques 120 Mins