How to Set Up a Collections System During Your First Year as a Staffing Startup

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As a staffing startup, you need to collect on invoices as quickly as possible. Smooth operations depend on the remaining solvent. If a client fails to pay an invoice on time, your business can be adversely impacted. In the staffing business, you pay for your major cost of sale,  labor, on a weekly basis. Your…

Collections Can Be Complicated. Here’s How Outsourcing Solves Multiple Issues

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A collections policy is an important part of your company’s credit management program. Along with an effective lien policy, a strong collections policy typically avoids moving to litigation. To increase the odds of having your invoices paid, and maintaining a positive long-term relationship with your clients, consider outsourcing your invoices to Madison Resources. We handle…