Collections as an Extension of Customer Service
March 1st, 2022 by admin
By C2C Resources
Developing positive relationships with your customers fosters success for your business. This philosophy should extend to the collection of payments. Viewing your collection process as a customer service asset will help your business maintain positive relationships and increase your odds of receiving payment especially when your customer has a cash flow problem and can only pay some invoices.
Some examples to consider:
- Welcome letters or calls to new customers explaining invoicing, payment address, terms and encouraging them to reach out immediately with any questions or problems with orders.
- Review all collections letters to make sure they encourage communication.
- Ensure initial collection reminders and calls are friendly in tone and assume any late payment is an oversight.
- For customers who always pay timely, send the occasional thank you note for letting them know how much you appreciate prompt payment and value their businesses.
Are there things you do to make your collection process customer service focused?
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