DebtorX

DebtorX is a platform that matches Creditor with the appropriate 3rd party based on specific criteri

01/26/2022

Avoid end of the month invoicing:

According to a recent study conducted by Freshbooks, invoices set on the 30th and 31st of the month are at risk of getting lost in the shuffle and on average take 20% longer to get paid.

01/25/2022

How do you maintain a positive business relationship? Regular contact, listen and act, always keep your word, but what if your relationship goes awry and you are stuck with unpaid invoices from a disgruntled client?

Then it’s time to call DebtorX. After a relationship is dissolved, it can be awkward and difficult to negotiate with that particular party. Leave it to the experts at DebtorX to save you the stress and energy of collecting on those remaining balances.

01/21/2022

Looking for tips on how to write the perfect invoice?

Freshbooks analyzed over 10,000 invoices and found that invoices that total less than $1,660 get paid 11 days sooner than invoice exceeding that amount. Consider incremental payment terms, breaking your larger invoices into more digestible smaller ones!

01/19/2022

If there is a single industry that creates a lot of work for debt collections its construction. There are multiple outside factors that influence a project such as weather, labor shortages, site conditions, etc. In addition, very few construction contractors are good at admin, which leads to unpaid invoices.

In order to increase the likelihood of being paid on your work it is important to detail these key potential issues before hand:

-Bill regularly, not just when the project is complete
-Keep honest and complete records
-Report issues early
-Resolve disputes quickly and in writing
-Avoid emotional decision making

Source: jlconline.com

01/18/2022

DebtorX is available on Android and iOS!

As an innovative debt collection matchmaker,
DebtorX connects small-mid sized businesses with specialized debt collection experts.

Essentially, debt collection's become very simple with our intelligent, sophisticated technologies backing you up.

Download DebtorX today.
Save your time and energy,
and GET PAID because you deserve it!

Android: shorturl.at/rBCO6
iOS: shorturl.at/jAFUY

01/17/2022

Did you know 40% of self-employed professionals have at least one overdue invoice averaging over $2,500

A lot of hard work went into earning that money and you deserve to be paid!

If you have outstanding invoices, visit our website at debtorX.com to learn how we can help

Source: Freshbooks

01/14/2022

How long after you invoice a client can you expect payment?

Setting a due date encourages the client to pay you within a certain time frame. The general rule is 30 days from the invoice date. However, you can discuss this with your customer and either make it shorter or longer than 30 days. According to FreshBooks, payment varies by industry, here is a breakdown of different industries according to data analyzed by FreshBooks with over 10,000 invoices; IT 16 days, Legal 20 days, Creatives 21 days and Trade 16 days.

01/12/2022

Where does DebtorX operate?

We currently operate in North America including Canada and the US.

What does this mean for your business? If you do business internationally, collecting unpaid invoices will never be easier! We have created strategic partnerships to ensure value for your business, no matter the location!

01/10/2022

We have smartphones, smart cars, smart homes… Why did it take so long to get SMART about collections?

Our premium, innovative matching system connects you with the agency that is best suited for your needs. Smart solutions to collect on your unpaid invoices.

01/07/2022

You don’t need to do everything yourself!

Realizing how to maximize your results vs. the “do it yourself” method will simplify your life and give you a greater chance of collecting your outstanding invoices. Collections are intense, confusing and exhausting. Assigning your receivables to DebtorX will assure the most efficient and effective partner will work on your account.

You have enough to worry about, let the pros at DebtorX handle the collections so you can focus on what you do best.

01/05/2022

Our Grassroots Property Management success story!

Grassroots Property Management, based in Alberta, Canada, offers full residential and commercial management services tailored to fit each customer's needs. As a property management company, the company often faces the challenge to collect delinquent rental fees.
Through DebtorX, the company was connected to a specialized tenant collection agency and they were "blown away" with the results.

Grassroots had a large outstanding invoice that was 7 months olds. The case onboarding time took six minutes and Grassroots was able to collect 100% of the invoice in as little as 15 days!

01/03/2022

2022 is going to be your year of growth for your business, so start the New Year off with a clear balance sheet!

Cash is the lifeblood of every business, but if you have outstanding invoices you are collecting missed opportunities to achieve your business goals.

That’s where DebtorX can help! If you have outstanding invoices, visit our website at debtorX.com to learn how we can help.

Address

14 Blackfoot Road
Sherwood Park, AB

Telephone

+18772079035

Website

https://debtorx.com/

Alerts

Be the first to know and let us send you an email when DebtorX posts news and promotions. Your email address will not be used for any other purpose, and you can unsubscribe at any time.

Shortcuts

Want your business to be the top-listed Finance Company in Sherwood Park?