Like I'm 5™

Lesson60 seconds

What is Collections?

The process of getting customers to pay what they owe.

Step 1 of 9

Simple Definition

Collections means activities to recover receivables - reminders, reconciliations, and escalation of overdue invoices.

Explanation level

Tap a persona to hear the same idea in a totally different voice.

Try “Like I'm 5™” for a picture-book version - not the grown-up wording above.

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Collections
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