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[FREE] Template: Pending Third-Party Referral Demand for Non-Payment of Past Due A/R

[FREE] Template: Pending Third-Party Referral Demand for Non-Payment of Past Due A/R

Leverage this free, downloadable letter template to demand for overdue receivables with third stage notice of pending third-party referral letter.

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About this course

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lessonOverview

When your customer's invoice is 90 days overdue and you haven't heard from them, you should utilize this category of the letter. You sent multiple reminders and called numerous times to request payment on the past-due sum during that 90-day period, but no one responded.

To address this issue, the letter's tone should express the request for immediate full payment. The consequences that you highlight in the letter should also be firm such as failure to do so would result in turning their invoice over to a collection agency.

Key Takeaways:

  • 90-Days or More Overdue Collections Strategy
  • Improve Your Ability to Assertively and Clearly State a Demand
  • How to Improve the Organization's Overall Cash Flow
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
Collections Prioritization Evaluating Third-Party Collection Agency for Delinquent Accounts This online course will help you understand delinquent accounts and get insights on various third-party collection agencies and how you can leverage them to your best advantage. https://academy.highako.com/collections-agency-evaluation-course 50 Mins
Collections Prioritization 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

About this course

promoImage
description
lessonOverview

When your customer's invoice is 90 days overdue and you haven't heard from them, you should utilize this category of the letter. You sent multiple reminders and called numerous times to request payment on the past-due sum during that 90-day period, but no one responded.

To address this issue, the letter's tone should express the request for immediate full payment. The consequences that you highlight in the letter should also be firm such as failure to do so would result in turning their invoice over to a collection agency.

Key Takeaways:

  • 90-Days or More Overdue Collections Strategy
  • Improve Your Ability to Assertively and Clearly State a Demand
  • How to Improve the Organization's Overall Cash Flow
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
Collections Prioritization Evaluating Third-Party Collection Agency for Delinquent Accounts This online course will help you understand delinquent accounts and get insights on various third-party collection agencies and how you can leverage them to your best advantage. https://academy.highako.com/collections-agency-evaluation-course 50 Mins
Collections Prioritization 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