Domain: tiger-web1.srvr.media3.us Collecting accounts receivable | Page 3 | O-T Lounge
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re: Collecting accounts receivable

Posted on 9/18/25 at 7:40 pm to
Posted by HeadSlash
TEAM LIVE BADASS - St. GEORGE
Member since Aug 2006
55387 posts
Posted on 9/18/25 at 7:40 pm to
I stopped national accounts, they were taking 120+ days to pay me. My vendors had 30 day terms. I got tired of robbing Peter to pay Paul.
Posted by CR4090
Member since Apr 2023
8841 posts
Posted on 9/19/25 at 11:12 am to
I wish I had George's good looks. But I do have more hair.
Posted by Codythetiger
Arkansas
Member since Nov 2006
30335 posts
Posted on 9/19/25 at 11:16 am to
When our customers are slow to pay like that or have bad credit, we have them prepay.

Posted by Jmcc64
alabama
Member since Apr 2021
1957 posts
Posted on 9/19/25 at 11:54 am to
my wife says business has dropped off last few months. nobody has any money. basically a lot of working poor. (or so they claim. probably overspend on transport and comms)
Posted by LemmyLives
Texas
Member since Mar 2019
14361 posts
Posted on 9/19/25 at 12:01 pm to
quote:

As a doctor myself I know that we don’t always get paid


This seems weird. The only time I don't have to pay the (allergy doc, orthopedic, vision, cardiologist, etc.) before appointment starts is with Amazon's OneMedical. I'll get a nominal bill for under $20 a month after a visit.

It's been 90% pre-pay for what seems like a decade.
Posted by Darth_Vader
A galaxy far, far away
Member since Dec 2011
72771 posts
Posted on 9/19/25 at 12:51 pm to
quote:

If you pay a salesman commission based on invoice date then they have no incentive to even attempt to help accounting collect over due invoices.


We swapped over from pay-on-invoice to pay-on-pay about a year ago. There were some hurdles to overcome and a good deal of groaning from a lot of our sales rep. But you are right that it really motivates your sales team to help on collections.
Posted by Mingo Was His NameO
Brooklyn
Member since Mar 2016
37536 posts
Posted on 9/19/25 at 12:52 pm to
quote:

We swapped over from pay-on-invoice to pay-on-pay about a year ago.


YOU didn’t do shite
Posted by Darth_Vader
A galaxy far, far away
Member since Dec 2011
72771 posts
Posted on 9/19/25 at 12:54 pm to
quote:

YOU didn’t do shite


Help me see where I said that I did it.
Posted by Mingo Was His NameO
Brooklyn
Member since Mar 2016
37536 posts
Posted on 9/19/25 at 12:55 pm to
quote:

Help me see where I said that I did it.


Imagine not knowing what the word “we” means. Yikes!
Posted by Mouth
Member since Jan 2008
23064 posts
Posted on 9/19/25 at 12:55 pm to
Net 30 for my trusted customers. Everyone else is credit card up front
Posted by Darth_Vader
A galaxy far, far away
Member since Dec 2011
72771 posts
Posted on 9/19/25 at 12:57 pm to
quote:

Imagine not knowing what the word “we” means. Yikes!


Yes, we means the management team that I’m a part of at the company I work for. Not sure why that bothers you so much. Are you needing some attention as you usually are when you start your shite?
Posted by Mingo Was His NameO
Brooklyn
Member since Mar 2016
37536 posts
Posted on 9/19/25 at 12:58 pm to
quote:

Yes, we means the management team that I’m a part of at the company I work for


Posted by Mo Jeaux
Member since Aug 2008
62704 posts
Posted on 9/19/25 at 12:59 pm to
quote:

Do you want your sales reps to be sales reps or collection agents?


They can make a phone call or two.
Posted by Darth_Vader
A galaxy far, far away
Member since Dec 2011
72771 posts
Posted on 9/19/25 at 1:00 pm to
Something funny?
Posted by Mingo Was His NameO
Brooklyn
Member since Mar 2016
37536 posts
Posted on 9/19/25 at 1:01 pm to
quote:

Something funny?


Yeah, you thinking you have any decision making power. You’re a local middle manager
Posted by Darth_Vader
A galaxy far, far away
Member since Dec 2011
72771 posts
Posted on 9/19/25 at 1:03 pm to
quote:

Yeah, you thinking you have any decision making power. You’re a local middle manager


Did I say I made the decision? That. comes from VP level. I was on the management team that ran the project to swap though.

You seem very insure. Why is that?

ETA: also, if you’re going to make claims on what I am, at least get it right. I’m corporate level, not local.
This post was edited on 9/19/25 at 1:06 pm
Posted by belowmebama
Member since Jul 2008
7347 posts
Posted on 9/19/25 at 1:04 pm to
A lot of businesses are experiencing a similar thing. What always cracks me up is when my AR team reaches out to a customer 90+ days past due and are told “I’ll have to call you when I get back in town. I’m on vacation.”

So you have money for vacation, new vehicles, equip, boats, etc. but can’t pay. Then I’m the a-hole when we send them to collections or file liens.
Posted by Mingo Was His NameO
Brooklyn
Member since Mar 2016
37536 posts
Posted on 9/19/25 at 1:21 pm to
quote:

I was on the management team that ran the project to swap though.


“You now get paid on collections, don’t get pissed at me, that came from management”

Real thought provoking shite Darth
Posted by Darth_Vader
A galaxy far, far away
Member since Dec 2011
72771 posts
Posted on 9/19/25 at 1:23 pm to
quote:

You now get paid on collections, don’t get pissed at me, that came from management”

Real thought provoking shite Darth


Why does that upset you so much?
Posted by Mingo Was His NameO
Brooklyn
Member since Mar 2016
37536 posts
Posted on 9/19/25 at 1:25 pm to
quote:

Why does that upset you so much?


It doesn’t. It upsets you that you tried to play it off like you had anything to do with it other than being a middle manager messenger and I called you on it.
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