RiskFits

Collections

Dunning process, negotiation, payment plans and when to escalate.

For credit teams · Collections

Credit Reporting, Liens and When to Escalate a Past-Due Account

The escalation options in B2B collections — trade reporting, mechanics liens, UCC enforcement, demand letters and agency placement — with costs, timing and selection criteria.

3 min read
For credit teams · Collections

How to Build a Dunning Process: From Reminder to Legal

How to structure a B2B dunning process: stages by days past due, channels, tone at each contact, when to hold shipments and when to escalate.

4 min read
For credit teams · Collections

Litigation or Third-Party Collections: How to Decide

Criteria for choosing between agency placement and litigation: cost, timeline, recovery odds, minimum viable balance, and what to do when a customer files bankruptcy.

3 min read
For credit teams · Collections

Negotiating Past-Due B2B Accounts Without Losing the Customer

How to negotiate past-due balances with business customers: preparation, reading real ability to pay, which concessions to make first and how to document the settlement.

4 min read
For credit teams · Collections

Payment Plans That Actually Get Paid

How to structure a B2B payment plan: down payment, number of installments, interest, essential clauses, security and how to monitor performance.

3 min read
For credit teams · Collections

Preventive Collections: Cutting Delinquency Before the Due Date

How to run preventive collections in B2B: invoice accuracy checks, delivery confirmation, mapping the customer's payment calendar, reminders and the metrics to track.

4 min read
For credit teams · Collections

The True Cost of Bad Debt

How to calculate the full cost of bad debt: direct loss, carrying cost of late payment, collection cost, opportunity cost, and how much you must sell to replace it.

3 min read