A company’s accounts receivables are usually it’s second, if not its first, most important asset. It’s a far cry from a just a debit figure on the balance sheet and reflects all the resources a company harnesses to manufacture, ship, and sell its products – all on a promise they will be paid at some point in the near future.
At CTQ, we fully understand that when an account receivable is not paid, especially when it’s significant, the impact can be devastating. Therefore, CTQ Financial’s commercial collection services comprise the following goals, standards, and procedures: