Chasing outstanding invoices and late payments of commercial debts is not always easy or as straightforward as sending an email or making a follow-up phone call. There are guidelines and legislations that must be adhered to, and debtors do have certain rights protecting them from unscrupulous collection methods. These guidelines and regulations apply to professional […]
Debt recovery and debt collection can often be mistaken for one of the same things, with only one word differentiating the two. And, if we look at these two elements at the surface level, debt collection and recovery both aim to recoup outstanding money/invoices that have gone unpaid. However, there are differences between collections and […]
Learning how to chase outstanding invoices is an important task for any type of business. This needs to be done with tact and patience, or you risk gaining a reputation within your industry for the ways in which you demand payment. Here at Direct Route, we have many years of experience working with businesses of […]
When dealing with late commercial payments, the topic of charging interest and debt recovery is one that many companies require further education on. If you are consistently dealing with late payments of commercial debt, then it’s time to do something about it to protect your business in the future. Today we’re going to discover how […]
Businesses across the country have had to fight non-stop over the past two years to keep their company alive. Outstanding invoices are just one of the many challenges you might have faced, and with too many of these piling up, you could find yourself one invoice away from going under. Check our homepage to learn […]
Businesses across the country have had to fight non-stop over the past two years to keep their company alive. Outstanding invoices are just one of the many challenges you might have faced, and with too many of these piling up, you could find yourself one invoice away from going under. Check our homepage to learn […]
In order to have the best chance of collecting debt within your business, you need to have the right tools at your disposal to help you with this task. If you haven’t set up your business in a way that makes it easy to collect debt, you’ll find that you have endless issues in the […]
Unpaid invoices are a huge challenge for businesses of all sizes and types. The past two years have resulted in a massive increase in the number of unpaid invoices, leading many companies to wonder if they can sell their unpaid invoices. Today we’re going to look at this topic in more depth to help you […]
If one of your goals for the year is to grow your business, you need to do all that you can to stop anything from getting in the way of your achieving success. Late invoice payment is an issue for companies for many reasons, and it could be the thing that’s holding you back from […]
Overdue invoices can cause a huge number of problems for your finances as a business owner. When you don’t set very clear terms for your invoices, you will find yourself dealing with overdue invoices. This can waste a huge amount of your time and energy, which you no doubt would rather spend doing other things. […]
