Very thorough information. Thanks. Does the book mention collections with the third party billing?
-lastdayofschool(在夏天做帐);
2008-7-27(#19434@41)
好像没有。: (
-specialday(Joyce);
2008-7-27(#19437@41)
If 25% of bill is paid by the customer and 75% by the third party such as gov't or insurance company, collection team would have extra jobs to do when they first contact with the customers.First, explain to the customers how and why the bills are split.
Second, if the customer refuses to pay off the 25% due to some reasons (e.g. "this is not my bill, the gov't should pay off 100%") , collection team might help the customer to resolve the issue.
My 2 cents only.
Any comments are welcome.
-lastdayofschool(在夏天做帐);
2008-7-27{316}(#19439@41)
Nice post! Is there a way to quantitize the risk factors when grants/extends the credit to customers?
-buickregal(Sharpness);
2008-7-27(#19440@41)