Reduce Exposure To Bad Debt

How can I reduce my organisation’s exposure to bad debt provisioning (IFRS9)

Identify customers who are likely to have forgotten to pay, remind them using the most appropriate timing and contact method and make it easy for them to resolve their outstanding arrears quickly.
The Collaborate digital self-service solution can be deployed to dramatically increase pre-30 day collection rates and avoid collectable debt causing provisioning issues related to IFRS9.