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AR Collection Process

oboloo Glossary

AR Collection Process

AR Collection Process is the systematic way of obtaining payments from customers who owe a business money. This process involves following up with customers through various communication channels such as phone calls, written correspondence, emails, and text messages in order to establish contact and obtain payment. It requires knowledge of collection laws, customer service techniques, and best practices for successful collection activities. It’s important to have an efficient AR Collection Process in place in order to maximize the probability that debts owed to a business are recovered in a timely manner.

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