19
Dec
Dunning, a method of attempting to collect debts or accounts receivable, is the systematic process by which businesses communicate with customers to ensure the collection of outstanding accounts. The process of dunning ensures that an account receivable is collected, as well as providing proof of good communication. Dunning procedure online may be done through telephone calls, letters or other methods. Initial dunning procedure is done after a certain time has elapsed since the due date, in order to resolve any overdue situations. Importance of dunning system for SaaS business Today, Dunning is a crucial part of the online business experience.…