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[FREE] Template: Demand Letter to Senior Management for Past-Due Receivables

[FREE] Template: Demand Letter to Senior Management for Past-Due Receivables

Ready-to-use, free demand letter to accelerate the settlement of past-due receivables and lower your total DSO.

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About this course

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lessonOverview

94% of invoices take more than 30 days to get paid, according to a survey. And the rate keeps dropping over the course of the days.

As a collection analyst, you should have a clear strategy in place so that you can prioritize collections and categorize accounts according to things like business credit ratings, trade payment histories, and financial documents.

But what if you don't have such a concrete plan and you've already reminded the customer several times about the past-due balance?

Leverage this free, ready-to-use demand letter to learn what details are vital to include when asking senior management to make overdue payments. Get it now!

Key Takeaways:

  • How to Reduce Your Company's DSO

  •  

     How Crucial is Credit x Sales Conversation while Extending Trade Credit for At-risk Account

  • How to Promote Business 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
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
Collections Prioritization Win-Win Collections Call Negotiation: Strategies & Benefits With expert communication and collections negotiation skills, learn how to create a win-win collections strategy with your customers. https://academy.highako.com/win-win-collections-call-negotiation-strategies-benefits 120 Mins

About this course

promoImage
description
lessonOverview

94% of invoices take more than 30 days to get paid, according to a survey. And the rate keeps dropping over the course of the days.

As a collection analyst, you should have a clear strategy in place so that you can prioritize collections and categorize accounts according to things like business credit ratings, trade payment histories, and financial documents.

But what if you don't have such a concrete plan and you've already reminded the customer several times about the past-due balance?

Leverage this free, ready-to-use demand letter to learn what details are vital to include when asking senior management to make overdue payments. Get it now!

Key Takeaways:

  • How to Reduce Your Company's DSO

  •  

     How Crucial is Credit x Sales Conversation while Extending Trade Credit for At-risk Account

  • How to Promote Business 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
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
Collections Prioritization Win-Win Collections Call Negotiation: Strategies & Benefits With expert communication and collections negotiation skills, learn how to create a win-win collections strategy with your customers. https://academy.highako.com/win-win-collections-call-negotiation-strategies-benefits 120 Mins