Collection Management in Frisco, TX 75033

There are often various reasons a business may need collection help. Sadly you will have customers that fall behind on payments and other times you will have customers who refuse to pay. TFO Solutions is here to help you by providing the techniques that we have found work best.

What is Collections Management?

Collection management is one of the many parts of bookkeeping. Unfortunately, customers who fall behind on bills need help catching up. This is where we step in, utilizing techniques that we have found work best to help them catch up and stay in good standing.

Prevention is Best

The best way to keep your company running smoothly and ensuring that it is profitable is by preventing collection actions. Several steps can be taken to help which include the following:

• Calling your customers a few days before an invoice becomes past due. It may have been an oversight by someone being out of office.
• Send an additional copy of the customer’s invoice. Most invoices are not due for 30 days, this will give them plenty of time to get things paid on time.
• Follow up with the customer and make sure that they understand how to pay their invoice. When following up, make sure the customer does not have questions about how to pay.

Frisco, Texas

Frisco is located within Collin and Denton counties in Texas. The population in 2019 was approximately 200,000. It is located about 25 miles from both Dallas/Fort Worth International airport and Dallas Love Field. 

Need Collections Help? Call Us Now!

TFO Solutions is located in Dallas, TX, and ready to help you. Call us now to find out about all the services we offer. We have representatives ready to help answer any questions you have. Let us help by reducing your workload.