Monday, September 24, 2018

CRI As Your B2B Collections Agency


B2B Collections & How They May Put The Business In Jeopardy

What exactly are business to business collections (B2B collections)? To answer this question, let’s us first discuss one of the very basic aspects of running a business. As a business, you provide services to customers, whether an individual or another company, in exchange for the cash they pay you. In case of B2B collections, you’re providing what we basically refer to as funds, to another company, under a contract. And it is quite common for a contracts obligations to not be fulfilled by the debtor, initiating a B2B debt between the 2 businesses and ultimately putting the success of the business in jeopardy.

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