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Principles And Practice of Debt Collection And Recovery
About The Book
Principles and Practice of Debt Collection and Recovery: A Compendium of Proven Strategies and Tools for Effective Accounts Receivable Management and Debt Collection in the New Financial Era is a powerful guide that explains the difficult task of debt collection and provides practical advice for institutions seeking to navigate through it successfully. Readers will find numerous ways to maximize debt collection efforts and convert outstanding liabilities into a source of revenue.
Using real-life examples, Principles and Practice of Debt Collection and Recovery equips readers with relevant information on simplifying debt recovery procedures without sacrificing profits or financial stability. The book covers everything from efficient communication skills to compliance regulations and conflict resolution techniques. Various topics essential to thriving in this field are addressed, making it an invaluable guide for anyone involved in debt collection.
As an entrepreneur, financial expert, credit controller, accounts receivable specialist or someone working in debt collection, you will find helpful tips aimed at transforming how you manage debt. The guide highlights ways to turn debt into an enduring revenue-generating machine. The author also emphasizes how you can modernize your debt collection system and leverage these strategies to achieve financial growth.
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The Author
Dr. Solomon Oroge is an accounting professional, a distinguished financial expert, and an innovator with 30 years of experience. He is renowned for his groundbreaking work in the strategic transformation of credit and debt into wealth.
The financial sector has benefited immensely from his consulting prowess via collaborations with blue-chip companies and such as MTN, First Bank, Union Bank, and organisations like FAAN, NAMA, and NCCA. One of his widely acclaimed innovations is the SAO 7Ps Model – a revolutionary approach to converting uncollectible debt into cash flow and wealth.
His expertise extends beyond debt management, encompassing infrastructure finance, Tax & forensic audits, business turnaround strategies, credit control and administration, strategic leadership, business process reengineering. He is also a business coach/trainer, writer, researcher and sought-after conference speaker in the subject matters ranging from credit management to financial reengineering.
Oroge is a Managing Partner at SAO Professional Services, CEO of Debt Doctors Consulting International Limited, Global Debt Collection Services Limited, and the Global School of Debt Management. Through these brands, he demonstrates his dedication to empowering individuals and organizations to achieve economic independence through effective debt management techniques.
Dr. Oroge has distinguished himself as a prominent authority and scholar in the field of credit financing and debt management through his five widely recognized publications, including 101 Debt Killers Strategies, Debt: A Tool or a Trap, Debt-Free Miracles, Online Loans Survival Codes and The Principle and Practice of Debt Collection and Recovery. His work significantly influences the industry on both national and international levels.