Top Ten Billing Secrets
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Better Billing and Faster Payments

December 31, 2014 by  
Filed under Blog

Waiting for payment and chasing customers is a hassle. In most cases, the issue can be the way you are approaching the customer.  Some business owners reject this notion and continue to lose money and clients. The sooner you look inward the faster you can stop chasing money continually. This is such a common phenomenon and business owners who listen to this advice are the most successful.   

Every customer makes a conscience decision about how, when and if they will pay you. Your process has such a great influence and determines their decision and your income. Will they pay you or buy the newest gadget or pair of shoes? These are real thoughts in the consumer’s mind.  

There are effective ways to generate the immediate dollar using long term methods that make payment priority. Problem is many businesses offer too much leverage and it diminishes their rate of payment and percentage of income. Remember this! You influence your customer’s choice to pay you now or later and sometime they don’t pay at all. Most companies are so afraid of losing the customer they are sloppy or timid about their approach to payment. Do things right and you will make the money, keep the customer happy and have a greater degree of success with less effort. For example, some doctors offices bill for a co-pay.  Wait, the customer is right there in front of you needed help. Ask for the money NOW. “You have a $20 dollar co-pay”. Customers will pay it on the spot 90% of the time. That means lees administrative costs, faster money and time saved.  This is something doctors never do for the other 10%. Hand them a bill right there with a due date, today’s date of service and self addressed return envelope. This would take care of more than half of the 10% who did not pay. These methods along with many more are examples of great pro-active options that many do not utilize.

Since 1989, CJM Billing Solutions, Inc. has produced millions of dollars for fortune 500 companies as well as small businesses.  Enjoy greater revenue through efficiency and proven methods. Christopher Mangan is the author of Top 10 Billing Secrets and he has been shown to increase earnings as much as 27% annually and companies are amazed. They had no idea such changes could be made. They spent years doing the same thing over and over and never realized their loss. Don’t you think it’s time to enjoy greater success?

Stop Past Due and Collect More

January 24, 2014 by  
Filed under Blog

 

You can virtually stop customers from becoming past due. I have proven this to many companies over the last 25 years. With the right techniques, your past due will be reduced and getting paid will not have to be such a hassle. Many business owners are reluctant to try new ideas leaving them caught in the same rut.  But now many businesses are reaching out to consultants who specialize in the field of Billing, Collections and Accounts Receivables. CJM Billing Solution, Inc. is one such consulting firm. With a proven history of helping business thrive, CJM goes beyond the ordinary business as usual.  Stop letting professional debtors keep your money. Go to Top 10 Billing Secrets see how.

Habit of Payment for Past Due Customers

November 1, 2013 by  
Filed under Blog

Habit of Payment for Past Due Customers

Companies are scrambling to get new business, keep business and get money in the door. The conflict exists because many customers are great at not paying. They take advantage of your good nature and neglect their responsibility. Several customers pay their bill late while others pay less and some don’t pay at all. They waste your time, cost you money, drain your energy and it can be very frustrating.

Your procedures make a difference

Some business owners quit because of these difficult issues. It’s time to change that! Many companies conduct business in a way that allows customers to exploit weakness in their process. You must identify loopholes and long term negative effects created by your own procedures. Do you fire the customer and lose that income source or do you continue to allow them to owe money month after month? The key is to break their habit and bring them into a habit of payment. Use proven methods to change attitudes toward payment and keep the customer happy. Your approach can have a great positive effect on your long term annual income.

Changes that increase revenue

You must focus on the customer and the immediate dollar but most companies cannot seem to bring the two into unison. In many cases companies are more concerned about the immediate dollar than the customer. While this attitude does have some benefit monetarily, it can have disastrous unintended consequences which are difficult to manage and sustain. If a customer has been lax for years, they fall into a tradition of non-payment that needs to be corrected immediately. Christopher Mangan is a business process analyst and the leading authority on producing high efficiency billing and collections procedures. He is the author of Top 10 Billing Secrets and since 1989, has produced millions of dollars for fortune 500 companies as well as small businesses.  Enjoy greater revenue through efficiency and proven methods. He is the President and CEO of CJM Billing Solutions, Inc.