W EEKLY EDITION AUGUST 21, 2019
G et ti ng Pa i d : Part I
By Karleen Kos, PSAI Executive Director
We have heard of companies that will note on the route sheet tha t the company hasn't paid once 60 days
have passed. The driver calls the office when he arrives at the site to confirm no payment was received that
morning. At that point he will "tag" the units with a note that says something like "not serviced due to non -
payment" or simply pump them and take them away if that makes more sense in light of other factors in
the business relationship.
Whatever you do, don't let receivables build up. Regardless of the dollar value of the receivables on your
books, they won' t do your company any good until they are in the bank.
Next week: Getting Paid Part II – How to Make Collections Calls and Choose a Collection Partner
- KK
P AGE 15
