Why Mid-Year is the Perfect Time to Review A/R

By the time summer rolls around, your business has generated enough financial data to reveal meaningful patterns—but there’s still time to course-correct before year-end.

Here’s why a mid-year review is so valuable:

1. Catch Problems Before They Compound

If aging reports show a growing number of invoices in the 60-, 90-, or 120-day categories, it’s a clear sign your current processes need attention. Left unchecked, these accounts can turn into bad debt.

2. Improve Cash Flow When It Matters Most

Accounts receivable directly impacts your cash flow. Reviewing your A/R mid-year helps ensure you’re not operating at a deficit while waiting on overdue payments. 

3. Reevaluate Customer Credit Policies

Are certain customers consistently late? A mid-year review gives you the opportunity to adjust credit terms, enforce stricter payment policies, or reconsider high-risk accounts.

4. Align Your Team Before Year-End Pressure

Waiting until Q4 to address receivables often means scrambling. A mid-year strategy reset allows your team to operate more efficiently during the busiest time of the year.

Read more in our latest article.

Partner with a Michigan Debt Collector

If your A/R review reveals accounts that are becoming increasingly difficult to collect—or if your internal efforts are falling short—it may be time to bring in experienced professionals.

A trusted Michigan debt collector, like RSD, can help you recover outstanding balances while preserving valuable business relationships.

Mid-year isn’t just a checkpoint—it’s your opportunity to reset, refine, and strengthen your financial strategy for the rest of the year. To get started, call 248-370-8160 or submit a contact form here.

What is an A/R Review and Why Does it Matter?

An accounts receivable aging report categorizes unpaid invoices based on how long they’ve been
outstanding—typically in 30-day increments (0–30, 31–60, 61–90, and 90+ days). 

This report isn’t just a snapshot of who owes you money—it’s a powerful decision-making tool.

A well-executed A/R review helps you:

• Identify overdue accounts quickly 
• Spot trends in customer payment behavior 
• Evaluate the effectiveness of your current collection efforts 
• Detect potential credit risks before they escalate 

The longer an invoice goes unpaid, the less likely it is to be collected—making early intervention critical to protecting your revenue. 

Read more in our latest article.

Partner with a Michigan Debt Collector

If your A/R review reveals accounts that are becoming increasingly difficult to collect—or if your internal efforts are falling short—it may be time to bring in experienced professionals.

A trusted Michigan debt collector, like RSD, can help you recover outstanding balances while preserving valuable business relationships.

Mid-year isn’t just a checkpoint—it’s your opportunity to reset, refine, and strengthen your financial strategy for the rest of the year. To get started, call 248-370-8160 or submit a contact form here.

When to Reach Out to a Debt Collector

Do you know when it’s time to reach out to a debt collector for help?

For people who haven’t enlisted the help of a debt collector before, beginning the process can seem intimidating. The process isn’t exactly common knowledge, which makes it even scarier. In reality, filing for collection is actually very easy and painless! Here is a brief breakdown of beginning the process.

The age of a delinquent account is one of the biggest factors in determining whether or not a debt gets paid. The older the debt, the harder it is to collect. A rule of thumb to remember is that after three months, the probability is that you will only collect $0.73 of each dollar delinquent… after six months, only about $0.54 of every dollar... and after one year, the best expectation is that only about $0.26 of every delinquent dollar will be collected. The best time to enlist the services of a commercial debt collection agency is 60-90 days of the invoice due date. Incorporating this strategy will help ensure maximum recoveries with the least cost to your company.

Learn More About Business Debt Collection with the Experts!

The expert business debt collectors at RSD are here to demystify the debt collection process and give you the courage to pursue money owed! With an agency certified by the Commercial Law League of America and endorsed by the International Association of Commercial Collectors, you are guaranteed competence and peace of mind. If you’re ready to place a claim, or just have additional questions, call (248) 370-8160 or submit a contact form here.

Beginning the Debt Collection Process

How does the debt collection process start? 

The best time to enlist the services of a commercial debt collection agency is 60-90 days of the invoice due date. Incorporating this strategy will help ensure maximum recoveries with the least cost to your company.

To get started:

• Review your aging report to determine which accounts are getting close to 60-90 days past-due with no communication
• Gather your supporting documents which substantiate the balance owed (Signed agreements, terms and conditions, invoices, statement of account, proof of delivery, etc.)
• Complete an RSD Claim Placement Form
• Email the claim to claims@rsdcollects.com or upload your claims securely on our client web portal
• RSD will do the rest!

Learn More About Business Debt Collection with the Experts!

The expert business debt collectors at RSD are here to demystify the debt collection process and give you the courage to pursue money owed! With an agency certified by the Commercial Law League of America and endorsed by the International Association of Commercial Collectors, you are guaranteed competence and peace of mind. If you’re ready to place a claim, or just have additional questions, call (248) 370-8160 or submit a contact form here.

The Future of Commercial Debt Collection

Do you wish debt collection was easier?

How can new technology be applied to commercial debt collection?

Let’s explore some of the exciting developments that are reshaping the industry.

Personalization and a Customer-Centric Approach 

In the future, successful debt collection agencies will adopt a customer-centric approach, recognizing the importance of maintaining positive relationships with debtors. Rather than employing aggressive tactics, the emphasis will be on empathy, education and collaboration. Debtors will benefit from personalized repayment plans, financial counseling and proactive communication. By nurturing relationships and building trust, agencies and law firms can increase the likelihood of recovering debts while preserving their reputation.

Learn more technological advancements in debt collection on our website!

Commercial Debt Collection with RSD

At Ross, Stuart & Dawson, we’ve been in the commercial debt collection business since 1975. We’ve undergone many technological revolutions and have embraced them. That’s why we continue to adapt to changing technology and give you the best experience possible.

File a paperless claim on our website, log into our online portal to view your claim’s progress in real time, or pay with our online payment portal. RSD makes debt collection easy! Call us today at 888-701-8181 or contact us to get started.

How Inflation Affects You and Your Customers

Has inflation caused costs to increase for your business?

Inflation has affected business for both creditors and debtors. However, by being a creditor, inflation can affect if you get paid by customers. If they run into cash flow problems, it’s possible they’ll choose not to pay you. This causes a cash flow problem for you!

If they don't pay their bills, you can't pay yours!

What Can You Do to Avoid Nonpayment?

The most important thing you can do to avoid nonpayment is make sure your credit risk management and billing systems are organized and running smoothly. Make sure your customer is trustworthy and in good financial standing before working with them. Send invoices on time with clear payment terms and tell them exactly how to pay. Don’t let them find excuses to not pay! 

Learn more ways to combat inflation-related nonpayment on our website.

Commercial Collection Agency in Michigan

At the first sign of nonpayment or payment disputes, call RSD, a commercial collection agency in Michigan.

RSD has been collecting with empathy and kindness for over 45 years, helping businesses like yours get the money you deserve!

Give us a call at 248-370-8160 or fill out a claim form today.

What Does Inflation Mean for Credit Lending?

Are you a creditor?

Have you noticed increasing late payments from your customers?

Inflation and interest rates in the United States began increasing in 2021. While they’re decreasing now, they’re still affecting businesses. Inflation has been making credit lending more unstable and higher interest rates make borrowing money riskier.

What Does Inflation Mean for You?

• General business expenses cost more 
• You may have to increase your prices
• If you buy materials for your products, you may have to purchase less, or find cheaper alternatives
• You may have to restructure your buying, inventory, and production habits

Learn how inflation also affects your customers!

Commercial Collection Agency in Michigan

At the first sign of nonpayment or payment disputes, call RSD, a commercial collection agency in Michigan.

RSD has been collecting with empathy and kindness for over 45 years, helping businesses like yours get the money you deserve!

Give us a call at 248-370-8160 or fill out a claim form today.

Attributes of a Poor Customer

What does a delinquent customer look like?

They may have these attributes:

• incapable of handling his or her own problems
• skips, runs away from debts 
• deliberately buys with no intention to pay (a credit criminal) 
• tries to reduce debt through unfair complaints 

Absent from this list are those who lose their jobs through no fault of their own and those who have unexpected financial reverses. In most cases, such people will voluntarily communicate with you and arrange for future settlement. To these people, you owe a moral obligation of leniency. They communicate with you. The potential delinquent debtor does not. It is the non-communicative, recalcitrant, and argumentative debtor that a requires a qualified collection agency to recover a good portion of bad debt.

Learn more attributes of a poor customer on our website!

Commercial Collection Agency in Michigan

Do you have delinquent customers?

Partner with a commercial collection agency in Michigan like RSD!

Ross, Stuart & Dawson is certified by the Commercial Law League of America (CLLA) and endorsed by the International Association of Commercial Collectors. This means RSD follows a rigorous code of ethics, provides prompt collection, and provides maximum dollar recovery.

Contact RSD today to start taking care of your delinquent accounts.

Recognizing the Delinquent Debtor

Are you a commercial business communicating with new potential customers?

What qualities does a poor customer display?

Surveys taken by the International Association of Commercial Collectors (IACC) and other groups identify certain characteristics of people who may potentially create bad debts. 

Generally, such debtors belong to the following groups: 

• habitually slow in paying 
• financially immature 
• irresponsible about employment and usually irresponsible about family obligations 
• unavoidably involved in debt 

Learn more attributes of a poor customer on our website!

Commercial Collection Agency in Michigan

Do you have delinquent customers?

Want to maximize your return?

Partner with a commercial collection agency in Michigan like RSD!

Ross, Stuart & Dawson is certified by the Commercial Law League of America (CLLA) and endorsed by the International Association of Commercial Collectors. This means RSD follows a rigorous code of ethics, provides prompt collection, and provides maximum dollar recovery.

Contact RSD today to start taking care of your delinquent accounts.

Is a Write-Off Necessary?

Are debtors dodging your emails and phone calls?

You may be considering writing off their debt. Here are a few situations when a write-off may be necessary:

A Debt Collector Can’t Help – When you need payment, reach out to a debt collector in Michigan first! No matter the age of the debt, RSD is willing to help! We can use skip tracing techniques to find your debtor, contact them, and help negotiate until they pay. If they still haven’t paid after our efforts, it may be time to write-off the debt.

The Debtor is Bankrupt – After a company has filed for bankruptcy, they’ll be liquidating their assets to their creditors. If they owe their creditors more than they’re worth, you may end up with nothing or waiting longer than you can afford to receive anything.  

Learn more about write-offs on our website!

Debt Collector in Michigan

Avoid write-offs with the help of a debt collector in Michigan!

Certified by the Commercial Law League of America and endorsed by the International Association of Commercial Collectors, Ross, Stuart & Dawson has the know-how to get you the money you deserve.

Contact RSD today at 888-701-8181 or fill out our contact form to get started!

The Fair Debt Collection Practices Act Governs Even the Most Expert Debt Collectors

 

Here’s some of what you need to know about the Michigan Fair Debt Collection Practices Act 339.915 Licensee Sec. 915:

A licensee shall not commit 1 or more of the following acts:

1. (a) Communicating with a debtor in a misleading or deceptive manner, such as using the stationery of an attorney or the stationery of a credit bureau unless it is disclosed that it is the collection department of the credit bureau.

(b) Using forms or instruments which simulate the appearance of judicial process.

Read more of the MFDCA here!

Your Case Gets Personal Attention from Our Expert Debt Collectors 

What’s most important to you is also important to us! Every one of our cases gets dedicated, personal attention, whether your claim is big or small.

Business owners should be spending time doing what they are good at, not chasing down debts. Contact our experienced debt collectors today at (248) 370-8160 to get started. Let the experts worry about your collections, so you have more time to focus on growing your business!