Project Management Investigate

Reducing Bad Debt By Outsourcing Accounts Receivable Management

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Executive Summary

One of the toughest growing pains for an expanding company is getting a handle on past due accounts without spending more in staffing and training than stands to be collected. Because the cost to train and hire a qualified in-house staff to manage accounts receivables often outweighs the cost of collecting the debt, many companies simply write off their early debt as a loss. However, in today's modern business age where there is a less expensive - and often higher quality outsourcing solution for just about any need, no business of any size need lose a dime for lack of affordable AR resources.

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