Blog - VIC Collect

4 Top Mistakes To Avoid When Handling Debt Recovery

4 Top Mistakes To Avoid When Handling Debt Recovery Handling debt recovery is one of the toughest parts of managing a business. It can be difficult to maintain positive relationships…

30 Sep

Spring Clean Your Ledger: How To Tackle Outstanding Debtor Accounts

Spring Clean Your Ledger: How To Tackle Outstanding Debtor Accounts Managing your company's cash flow can be difficult, especially if you have a particularly thick debtor ledger. As more borrowers…

01 Aug

The Difference Between Soft And Hard Collections (and When To Use Each)

The Difference Between Soft And Hard Collections (and When To Use Each) Debt collection is complex. There are a lot of local regulations to adhere to, and debt collection processes…

28 Jul

How Often And How Can I Contact My Debtors – An Etiquette Guide

How Often And How Can I Contact My Debtors - An Etiquette Guide Not sure how often to contact your debtors? This can be a very sensitive topic. Calling or…

27 Jun

Get Help Writing A Polite Yet Firm Debt Collection Letter

How To Encourage Debtors To Pay Up When clients fall behind on their payments, businesses often need to use various methods of communication to reach them. One of the first…

09 May

Signs To Get Help From A Debt Collection Company

Signs To Get Help From A Debt Collection Company Is it time to hire a debt collection company to assist with long-standing debtors? Or should you keep trying to manage…

30 Apr

Things Companies Should Never Say To Debtors

Things Companies Should Never Say To Debtors Collecting overdue debt from your customer can be a sensitive process. On one hand, your company likely desperately needs the overdue funds to…

02 Feb

How Outstanding Debt Impacts Your Supply Chain – The Ripple Effect

How Outstanding Debt Impacts Your Supply Chain - The Ripple Effect Outstanding debt and overdue invoices can have quite an impact on your business. As an understanding business owner, you…

31 Jan

How To Get Help Collecting Debt – For Free

How To Get Help Collecting Debt - For Free Running a business isn’t always fun. Sure, you are your own boss which offers perks like more freedom, a more flexible…

11 Jan

TRADING TRUSTS – A TRAP FOR THE UNAWARE

TRADING TRUSTS – A TRAP FOR THE UNAWARE A growing challenge for businesses is dealing with debtors who use a trading trust as their business structure. This setup is particularly…