“Accounts receivable debt collection.” This may sound like a dry term, but it may refer to the simple, time-honored act of collecting debts fairly and on time for consumer purchases or fine or fee payments, and an accounts receivable management company can be hired by a client company that cannot handle its own debt collection due to a lack of in-house experts or software. Accounts receivable debt collection can work for anything from a customer buying a shirt at a department store with their credit card all the way to a person facing criminal charges paying a fine to the court system. Debt collection does not have to be something complicated or scary; accounts receivable debt collection is simply when a person buys a service or product and pays fairly for it to complete a business transaction. Buying and financing a car or even a house can involve a debt collection agency too, and many adult Continue reading Using the Right Software or Company for Debt Collection →