September 14, 2011
TO : All CONCERNED
FROM : THE UNDERSIGNED
THRU : MELANIE G. BAUTISTA/ EDITHA V. SAATO
SUBJECT: WAIVER FOR ARREARS
________________________________________________________________________
OBJECTIVES:
- To zero-out the percentage of arrear accounts.
- To increase collection output.
- To increase sales outcome.
It’s been a problem for BPI Accounts Receivable Assistant and HGMP SBU controllers to collect accounts in arrears. To rationalize the collection of the above, penalty will be waived when customer buys another lot.
Kindly implement the provision of “NO PENALTY FOR ACCOUNT IN ARREARS”, provided that the customer with arrear accounts pays for another lot.
For compliance.
HONEY LOU CASTILLO
Noted by:
JORGE U. SAGUINSIN
Acknowledge and understood. This will help us increase sales and collection as well.
ReplyDeleteThanks,
Aireen
HGCMP
We acknowledge and understood the memo and this will help us increase our sales and collections. We will immediately inform this to our arrears.
ReplyDeleteMITCH
HGOMP
This waiver really helps us to have more sales and more collections. It helps to waive their penalty if the client never wants to pay it but they need to buy one another lot. This is the one way can be solved the increasing arrears and penalties.
ReplyDeleteWe need to help each other to collect more and to sale more.
GODSPEED...
AR CAF ^_^
This will help us reach our targets as this promotes both increase in our sales and collections.
ReplyDeleteMarneth Librilla
Aknowledge po.We will be implementing this to our arrear accounts.
ReplyDeleteThanks
Jobyl Marie T. Villanueva
HGLUMP
acknowledged sir, by this waiver will help us make a sale and also for our collections. we can encourage the arrears clients to purchase another lot by the penalties included to their previous accounts. Arrears accounts will be lessen.
ReplyDeletechristine ann p. pyopay
css1,hgpmp
Its like hitting two birds in one stone. We reduce the level of arrears thus increase our collection and at the same time we generate sales.
ReplyDeleteSFC must be train on how to offer this to our arrears clients in order for them to be encourage.
It is one way of decreasing level of arrears from AR. This is also an opportunity for marketing to leverage it and convert penalties into sales. Make it work.
ReplyDeleteThanks,
Edith ^_^