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Implement debtor management procedures
Assume that the CEO advises that, in response to your recommendations, debtor management procedures should be developed and implemented in relation to customer invoices.
You are required to develop simple debtor management procedures for customer payments. It should include a range of simple steps from a friendly reminder to sending a formal letter of demand.
Your debtor management procedures should be approximately one-page long.
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The introduction provides an opportunity to communicate the importance of collaboration and leading across boundaries to the chosen organization.
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