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Getting Swindled? What You Need to Do Right Away

Getting Swindled? What You Need to Do Right Away

Getting Swindled? What You Need to Do Right Away You followed all the correct steps – You sold your goods like a pro and provided excellent service. You held your end of the bargain and then mailed the bill… Silence. The realization that you’re being ripped off starts to set in.  The client may be […]

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Three Categories of Debtors and How to Work With Them

three-categories-of-debtors-and-how-to-work-with-them

Three Categories of Debtors and How to Work with Them The following three situations account for almost all of our calls, even though no two cases are identical. 1. People who seek to fix a mistake they’ve made. These people are the most amenable to assistance. Sometimes people fail to pay an invoice, experience temporary […]

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Getting Paid in the Construction Industry: How to Always Do It

Getting Paid in the Construction Industry: How to Always Do It

Getting Paid in the Construction Industry: How to Always Do It If there is one business that generates an excessive amount of challenges, claims, and disputes that CGI Credit Guard sees, it is the construction industry. There are several explanations for this. Few businesses deal with as many varying factors, including weather, labour availability, site […]

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8 Debt Collection Tips to Get Paid Sooner

8 Debt Collection Tips to Get Paid Sooner

8 Debt Collection Tips to Get Paid Sooner It can be difficult asking a customer to pay their overdue invoice. Unfortunately, collecting outstanding invoices is inevitable for any business that grants credit. However, it should never be a significant activity. By following these 8 tips, I hope your business can get customers to pay their […]

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How Inflation is Clobbering Your Accounts Receivable

How Inflation is Clobbering Your Accounts Receivable

How Inflation is Clobbering Your Accounts Receivable Canada’s annual inflation accelerated to 7.7% in May of 2022, a 39-year high and above market expectations of 7.4% (Statistics Canada). The central upward pressure came from transportation, food, and shelter as Western sanctions in response to Russian attacks on Ukraine continued to lift energy and commodities prices.  Transportation costs […]

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