Recent studies showed, 93% of businesses experience late payments from clients. 48% of those customers delay their payments purposely. While 62% of outstanding balances take more than 60 days to resolve, if they are paid at all.
Businesses in the US, lose 51.9% value of their receivables within the first 90 days. Hence the term, "Value of Money" and its potential earning capacity for your business. It is critical for businesses today to have a positively engaging recovery solution in place!
Universal Credit Bureau provides three services in one: automated billing, revenue recovery expertise and credit bureau reporting. Each allows you to reach customers with accurate and timely information. In addition, Universal Credit Bureau includes a number of features that help you stay within budget and on top of your revenue cycle.
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