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Ugh, our lapse rate is typically 30 days. We have companies that have lapsed 6+ months. Yet, it has been going on for decades. No one questions it and we always
by ambiate 13y ago
Ugh, our lapse rate is typically 30 days. We have companies that have lapsed 6+ months. Yet, it has been going on for decades. No one questions it and we always seem to get paid in the end. It is just bad form for both parties. 'We have always let them do it!'
- rhizome 13y agoThe one secret trick that will get you paid faster: some people LIKE bugging people every few days for late payments. Hire an admin assistant who has some A/R skills and put them to work on your late list. "There's a new sheriff in town..."