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Billing Series

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Billing Series
A way in which a company attempts to collect on a credit sale. A billing series takes the form of a series of progressively more stern letters. For example, the first letter may invite the customer to pay while thanking her for the purchase. The final letter often threatens legal action or to report the buyer to a credit agency. Employing a billing series is common for periodicals and similar companies.


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Best Practice #2 - Avoid needless interruptions in your recurring billing series Convenient, effortless billing is a key aspect of the product you are offering to your customers.
Their experience may tell them differently, but I'd be dubious about mailing a subscriber who has ignored a half dozen previous notices the opportunity to set up another billing series.
The Billing Series is a strong product for progressive insurers," said Jeff West, Senior Vice President of the FREEDOM Insurance Division.
 
 
 
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