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3 Reasons Why Sending In-House Preliminary Notices is a Gamble
Many small to medium sized businesses get into the habit of sending their own preliminary notices. What starts out as a manageable task 3 – 5 times per month quickly turns into a full-time position as...
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The Demand Letter That Gets You Paid in 20 Days or Less
Changing Your Payment Funnel What happens when you have a customer whose account goes into default? Does your company have a policy to handle overdue accounts receivables? If your company is like...
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Postage Rate Increase Raises Cost of Preliminary Notices
On January 26th, The US Postal Service increased the postage rates across the board, and you could be paying thousands of dollars more each year on your preliminary notices as a result. The 2014 rate...
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4 Ways Subcontractors Can Get Paid Using the zlien Methodology
Managing receivables in the construction industry is tough, especially without a succinct process to guide your actions. This becomes ever more complicated if your company is using its mechanics lien...
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Texas lien notices: 3 Reasons You Shouldn’t Wait Until the 15th of the month.
If you are a Texas subcontractor or supplier, you know about the 15th of the month. It’s the one day of the month that seemingly everyone in your office frantically scrambles to make sure the correct...
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Credit Managers Can Learn From The Sales Team
It may seem as though the sales and credit departments are fundamentally at odds with one another: One department is charged with the task of gaining as many new customers as possible, while the other...
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The Ultimate Credit Technology Stack
Credit departments in the building materials supply industry have a difficult task: approving and monitoring credit limits and payments for thousands of customers and hundreds of thousands of projects...
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Spring is Here: 3 Ways Contractors Can Take on More Work With Little Cash
The snow has melted, the weather is getting warmer, and the sun is shining higher. It’s spring time, and the construction industry is kicking into high gear. With more projects available to work on,...
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6 Metrics to Track Your Lien Policy
If you aren’t keeping track of metrics, then it’s impossible to know if you’re improving. Far too often, credit departments send notices and file liens without structure around measuring whether or not...
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2015 CRF Forum & EXPO: Everything You Need to Know
On August 10, some of the biggest names in the credit industry are descending upon Seattle for the annual Credit Research Foundation Forum & Expo. If you are a credit executive and you’re looking...
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