Posts Tagged ‘Resources’
April 8, 2015 | 
Author C2C Resources Releases Guide to Collecting Past Due Debts
Atlanta, GA (PRWEB) April 02, 2015
As a leading debt collection agency, C2C Resources has dealt with problem customers for clients across North America. Through their many years of experience, C2C has learned how to deal with many types of customers, excuses, and tactics used to avoid paying debts.
C2C Resources has compiled a step by step guide for those attempting to collect on past due debts, below.
1. Timing: If an account is more than 60 days overdue, a company will have about an 85% chance of collecting. However, after 90 days that number drops to 70%, and after 6 months the chances for recovery drop to about 57%. These numbers simply show that the problem only gets worse if avoided. As soon as a customer is late on their invoice, attempts must be made immediately to collect.
2. Communication: There are many reasons why a customer may not be paying you on time. An initial phone call to find out why they have not paid may reveal they simply forgot. Or perhaps they are short on cash at the moment and need to pay debts according to importance or amount. If that is the case, offer to set up a payment plan – this simple method will often remedy late payments, while also strengthening the customer relationship.
3. Visit: In the past, creditors have sent letters to those who were past due on debts. Perhaps those letters were successful back then, but a more personal touch is most effective these days. If the customer is local, stop by their business unannounced to speak with their accounts payable director and offer to wait until they are free to speak.
4. Settling: If communication and in-person visits don’t work, try to settle on a percentage of the total invoice. Getting 80% of an invoice that will cover expenses is better than no payment at all. If the debtor’s situation is worse than expected, get whatever they can give – anything is better than $ 0.
5. Demand: If attempting to personally collect on a debt does not work, sending out a demand letter can motivate customers to pay. Send a letter stating that if the customer does not pay the invoice by specific date, lawyers and/or collection agencies will have to get involved. This may motivate the customer to finally pay due to fear of more costs incurred from other parties, etc.
6. Outsource: If the customer still refuses to pay, call in the experts. Collection agencies can take the stress, time, and hassle of collecting debts away from hectic business owners who have more important things to do, like running a business. As a last resort, creditors can even take the matter to the courts. Taking these problems to court can get expensive, but if all else fails and the invoice is worth it, the courts can provide much needed legal clout and enforcement.
For more information on collecting past due debts, please visit the C2C Resources blog here
About C2C Resources
C2C Resources is a global Commercial Debt Collection agency headquartered in Atlanta, Georgia. The company collects commercial debt on behalf of their over 25,000 clients and is considered one of the top agencies in the country. The executive team at C2C brings more than 60 years of experience helping businesses collect their accounts receivable.C2Cs powerful combination of Profit Maximizer, InfoMax Collection System, and Legal Forwarding Edge, can help your company be more effective with your own in-house collecting and maximize recovery of accounts turned over for collection. For more information, please visit http://www.c2cresources.com.
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Pearson Partners With NBC Learn to Provide Video Resources to Classrooms
Houston, TX (PRWEB) September 25, 2014
Pearson, the world’s leading learning company, today announced a partnership with NBC Learn, the educational arm of NBCUniversal News Group, that will provide students and teachers exclusive access to more than 17,000 premium education videos. NBC Learn’s vast video library, including original content created to align with the Texas Essential Knowledge and Skills (TEKS) standards for social studies, is now available through Pearson’s Realize, a next generation learning management system, and its Online Learning Exchange (OLE) platform, a searchable K-12 digital library of standards-based learning resources.
One of the largest news archives in the world, dating back to the 1920s, NBC Learn’s collections are updated with current events daily, featuring stories from such celebrated programs as “NBC Nightly News,” “TODAY,” “Meet the Press” and “Dateline NBC.” NBC Learn is staffed by veteran NBC News producers, who have created scores of original stories and Town Hall events around the country, in collaboration with the National Science Foundation, the Kellogg Foundation and others. The award-winning collections include Chemistry Now, Changing Planet, Science of NFL Football, Science of the Winter Olympic Games and Finishing the Dream.
“When students can see events in the making — whether current or historical — it puts them right in the center of the learning experience, allowing them to gain a deeper understanding of issues, implications and context,” said Pearson’s Managing Director for Learning Services Bethlam Forsa. “Through a shared commitment to ensuring that students and teachers have access to powerful and engaging learning resources, Pearson and NBC have forged this partnership that will provide Texas students with access to extremely-timely learning resources that are aligned to their learning goals for social studies.”
“We’re proud to team with Pearson to bring decades of history alive for students by tapping into our rich archive of news reported by our world-class journalists,” said Soraya Gage, vice president and general manager, NBC Learn. “NBC Learn is committed to growing our brand in the education market through innovative partnerships like this one.”
NBC Learn’s original videos and archival news stories are generally brief — fewer than six minutes in length — allowing teachers to engage students in a short timeframe. The videos are full stories, with a beginning, middle and end, reported by some of the most famous journalists in broadcast history, including John Chancellor, Tom Brokaw, Tim Russert and Brian Williams.
Commenting on the value of the collaboration, Janice McNeil, library resource specialist and instructional technology liaison at Cypress Lakes High School in Katy, Texas, said, “We have relied on NBC Learn as a valuable and versatile resource to put primary source materials in our students’ hands. The addition of TEKS-aligned videos to the NBC Learn library, and the new option allowing access through Pearson’s instructional platforms, provides us with powerful tools for framing history and current events in context for students, while ensuring that lessons meet and exceed state standards.”
For a free trial, Texas educators can visit http://www.pearsontexas.com/.
About NBC Learn
NBC Learn is the educational arm of NBCUniversal News Group, dedicated to providing resources for students, teachers, and lifelong learners. The online resources NBC Learn has created for the education community leverages nearly 80 years of historic news coverage, documentary materials, and current news broadcasts. NBC Learn K-12 and NBC Learn Higher Education online video subscription service gives students and teachers access to thousands of video clips from the NBC News archives, including great historic moments–from the Great Depression to the Space Race to the latest current events. NBC Learn also offers primary source materials, lesson plans and classroom planning resources, and additional text and image resources from our content partners.
About Pearson
Pearson is the world’s leading learning company, with 40,000 employees in more than 80 countries working to help people of all ages to make measurable progress in their lives through learning. For more information about Pearson, visit http://www.pearson.com.
Media Contact: Brandon Pinette, brandon.pinette(at)pearson(dot)com, or (800) 745-8489
©Copyright 1997-
, Vocus PRW Holdings, LLC.
Vocus, PRWeb, and Publicity Wire are trademarks or registered trademarks of Vocus, Inc. or Vocus PRW Holdings, LLC.
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Tags: Classrooms, Learn, Partners, Pearson, Provide, Resources, Video | 
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