Prairie Business Credit

With the Accounts Receivable Management Service, Prairie will perform the following tasks for you. Tasks can be mixed and matched to meet your needs.

Run credit reports on new and existing customers to make sure they are creditworthy
Update credit searches on a periodic basis to make sure customer is still creditworthy
Perform an expert analysis and recommend a credit limit for each customer
Gather additional credit information when necessary

Make collection calls on behalf of Client
Send out statements on a monthly basis on behalf of client
Make past due notices and phone calls at 30, 45, 60 (and so on) days
Verify that invoices are being mailed to the correct place and with the correct paperwork
Collect and apply all payments.
- Prairie receives all checks, makes copies and forwards them to Client's bank for deposit
- Post payments in Prairie's system, export payment information to Client's system

Analyze Client's aging to see which customers are not paying, are paying slowly or with dilution
Help Client determine the cause of poor payment behavior and make needed corrections