Collectors' hell: 3-pt. plan to skirt problem gatekeepers
Getting late-payers to square up can be hard enough, but with a pushy gatekeeper blocking A/R’s path to the right person, getting paid can be next to impossible.
Fortunately, there are a few proven tricks to keep Collections focused on what matters most: getting paid.
Here’s something to pass along to your A/R staff when they’re running into problems with a late-paying customer’s gatekeeper:
- After calling the customer’s general number and getting a gatekeeper, immediately ask for the A/R department (a department without gatekeepers).
- When someone picks up, tell him or her that you must’ve been transferred to the wrong department — then pause.
- The A/R rep will probably suggest someone better-suited to help (Credit exec, etc.) so then ask, “What’s his extension? Can you transfer me?”
Seeing the A/R department displayed on his phone, the Credit exec is more apt to pick up the phone. Even if he doesn’t pick up, at least you have the direct number — and your A/R can keep hounding him until he does.
Free Training & Resources
White Papers
Provided by UJET
Further Reading
Your finance staffers watch for duplicates and other payment slip-ups all year long. But why should they be especially cautious this&n...
Can automated payment systems be guilty of discriminating against certain groups of people? The federal government says yes, they absolutel...
Companies are declaring bankruptcy at a rate not seen since the 2010 recession. And it’s bad news for credit and accounts receivables...
Companies are likely to see more customers stretch payments in 2024. Don’t be surprised if a steady client ghosts you either. Reas...
Fully integrated, automated payments! A dream goal for many CFOs and controllers. Imagine how much more mission-critical work finance staff...
Among all the important tasks CFOs and collectors juggle every day is trying to reconcile accounts due. There may be more pressure this yea...