First Party Collectionby Aakash Angrish Business Developer
When an invoice is not paid by the due date, the original creditor, sometimes known as the "first party," has the right to pursue the account holder for payment. Recommended Features
- Sending invoice status reminders to your customers
- Dispute registration
- Payment plan monitoring
- Submission of Final Demand Letters (if necessary)
Review on First Party CollectionFirst Party Collections is a division of MNS Group that manages commercial receivables. We free you up to focus on your core business activities by removing the stress of credit monitoring and giving you more time to focus on your core competencies. The benefits of using first-party services are:
- Better account collection
- Improved cash flow
- Reduction in bad debt
- Cost-effective method of converting outstanding amounts receivables into cash expeditiously and economically
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Created on Jul 19th 2021 02:09. Viewed 77 times.
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