Past due and Paid on Time

Business have been dealing with past due customers since the beginning of time.  Some customers have mastered the science of making you wait for payment while others can hardly pay fast enough.  When you can identify why someone is not paying on time then you can work on getting the customer into a habit of payment.  It’s important that you know the techniques to make them pay.  CJM Billing Solutions, Inc. has been doing that for over 25 years. Get paid faster and reduce past due accounts immediately.

Past Due, Why Some Customers Pay Late

Why do some customers pay on time while others pay late?  It really comes down to their personality. Customers who pay you late usually pay a number of accounts late.  That is-unless you know how to condition into a habit of payment.

Consumer habits have been studied for years and it has been proven we can condition others in many ways.  You must create a sense of urgency to pay just as if it’s their mortgage or car payment.  Customers respond differently to different tactics.  Finding a way to cause the later payer to respond with a positive outcome can be challenging.  Every company struggles with some degree of customers who pay late.  Break the pattern and get paid faster.    

Something Is Wrong

The entire billing system must have continuity from start to finish and involves every department in your company. I see huge amounts of revenue loss and it goes by undetected. Most every company knows something is wrong, but they cannot pinpoint the real problem. Most fail to see a problem. From small business to major corporations. Don’t wait years to do something about it.