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WANT CLIENTS TO PAY YOU TIMELY?

November 22, 2019 / MarntzRC / 10 Comments

DO THE FOLLOWING BEFORE STARTING ANY PROJECTS:

  • Have the agreement in writing
    (This includes: the price, due dates, completion dates, etc. Avoid oral agreements)

  • Agreement must be signed by an authorized personnel
    (Authorized personnel signature validates the purchase)

  • Sales representative must obtain client accounting department contact information
    (This makes it easier to know who to contact when payment is due e.g. Accounts payable department.)

  • Follow the terms of agreement before invoicing
    (This helps to avoid any push-back from the client or any delays in payment. Thus, keeping your A/R-aging report looking good)

  • After submitting the invoice, request a receipt confirmation from client
    (This step helps to avoid sending the invoice to the wrong person in the department. This way, they could forward to the appropriate personnel on your behalf)

  • Contact client 10 days before due date to remind them of the upcoming payment and present payment types
    (The 10 days is based on a net 30 days terms. It helps to have different payment methods, such as: VISA, MC, AMEX, BANK TRANSFER, ACH, WIRE, CREDIT CARD, etc.)

  • Send a thank you note after receiving payment.
    (Maintaining a good relationship with clients even after payment has been received is important)

    • -Let our experts help you with your account receivable functions today!
    SCHEDULE YOUR APPOINTMENT NOW!
    Posted in

    MarntzRC

    After 8 years in the accounting industry, and 15 years of being in the banking industry, we have frequently heard from and observed entrepreneurs and small-to-midsize business owners struggling in the following areas: • Strategic decision-making based on the financial picture of their organization. • Needing accounting services at a reasonable price, for quality work. • Needing assistance with short term or long-term projects at a reasonable cost • Entrepreneurs needing a break, vacation time, or family time. • A proactive business partners. As a result, we have decided to leverage our specialized and diverse skills, as well as our passion to see others succeed, to do something about the problem-support entrepreneurs and small-to midsize businesses by centralizing their accounting, consulting, and general business support needs. This will allow these owners to focus on their niches and grow their businesses to their full potential without feeling alone in the process. At Marntz, we don't just do your bookkeeping and hand over the statements to you so you can go figure it out, but instead we guide you and consult with you through your decision making, going above and beyond

    10 Comments

    1. ExoRank on January 25, 2020 at 1:16 pm

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      Reply
      • Marntz Resource Center LLC. on January 27, 2020 at 9:51 pm

        Thank you for the feedback. We appreciate it.

        Reply
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      Reply
      • Marntz Resource Center LLC. on February 18, 2020 at 10:23 pm

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        Reply
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      • Marntz Resource Center LLC. on March 16, 2020 at 8:10 pm

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        Reply
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      • Marntz Resource Center LLC. on March 16, 2020 at 8:13 pm

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        Reply
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