"Debitors" Example Sentences
1. The company is having trouble collecting payments from its debitors.
2. The accounting department is responsible for tracking down debitors who have outstanding debts.
3. Invoices need to be sent out on time to avoid having debitors fall behind on their payments.
4. The company has a policy of offering discounts for early payment to incentivize debitors to settle their debts quickly.
5. The accounts receivable team is responsible for following up with debitors who have overdue payments.
6. There are a few particularly problematic debitors who are consistently late in paying their bills.
7. The company is considering hiring a collection agency to handle its delinquent debitors.
8. The accounting software makes it easy to keep track of which debitors have paid and which ones still owe money.
9. It is important to maintain a good relationship with debitors in order to ensure they continue doing business with the company.
10. Some debitors are more of a credit risk than others, and the company takes this into account when offering payment terms.
11. There are times when the company needs to write off bad debts due to debitors who are unable to pay.
12. Sending regular reminders to debitors who are behind on payments can help facilitate collections.
13. The company has a process in place for reviewing debitor accounts and determining which ones need to be pursued for collection.
14. The accounts receivable team takes a proactive approach to reaching out to debitors who are approaching their payment due dates.
15. The company may offer more lenient payment terms to long-time debitors or those with a solid payment history.
16. It is important to accurately record payments made by debitors in order to maintain an accurate accounts receivable balance.
17. Payment plans can be offered to debitors who are struggling to make full payments on their debts.
18. The company may hire a credit reporting agency to assess the creditworthiness of potential debitors before extending payment terms.
19. Establishing strong relationships with debitors can lead to more long-term business opportunities.
20. The accounts receivable team may work with sales to establish more favorable payment terms for new debitors.
21. Debitor aging reports can help identify which accounts need to be followed up on for collections.
22. The company may need to adjust its collection policies and practices if it is experiencing a high volume of delinquent debitors.
23. The accounting department is responsible for reconciling accounts receivable balances to ensure accuracy and identify potential issues with debitors.
24. The policies and practices used to collect from debitors may vary by industry or type of business.
25. The company may choose to offer financing options to debitors in order to promote sales and encourage payment.
26. Disputes with debitors can arise over billing or payment issues, and the company processes should be designed to handle these situations effectively.
27. The company may have to take legal action against debitors who are unresponsive to collection efforts.
28. The accounts receivable team should maintain detailed records of collections efforts and communications with debitors.
29. The company should have policies in place to protect the personal information of debitors and maintain their confidentiality.
30. Accurate financial reporting relies on keeping track of receivables, including those owed by debitors.
Common Phases
1. The debtors have not made their payments on time;
2. Our company is owed a significant amount of money by several debtors;
3. The debtor in question has been unresponsive to our requests for payment;
4. We have a team dedicated to following up with delinquent debtors;
5. The accounts department has identified a pattern of late payments from several debtors;
6. Our legal team is working on recovering funds from a particularly difficult debtor;
7. The debtor has promised to make a partial payment this month;
8. We have strict policies in place for pursuing outstanding debts from debtors.