Originally posted 2015-03-17 10:06:57.
For this week’s Guest Post Friday here at Musings, we welcome back Scott Wolfe. Scott is the CEO of Zlien, a company that provides software and services to help building material supply and construction companies reduce their credit risk and default receivables through the management of mechanics lien and bond claim compliance. He is also the founding author of the Lien Blog, a leading online publication about liens, security instruments and getting paid on every account. Scott is a licensed attorney in six states with extensive experience in corporate credit management and collections law, with a specific emphasis on utilizing mechanic liens, UCC filings and other security instruments to protect and manage receivables. You can connect with him via Twitter, LinkedIn and Google+.
Managing account receivables in the construction and building material supply industries presents unique challenges and unique solutions. This post reviews the industry-specific reasons why accounts will age and go unpaid, as well as the industry-specific credit and collections solutions available to controllers and credit managers.
