When your business is struggling with unpaid invoices, the natural question arises: should you handle collections in-house or outsource to professionals? Both DIY debt recovery and hiring an agency have their unique strengths and weaknesses. Understanding the pros and cons of each approach can help you choose the right path for your business. What Is DIY Debt Recovery? DIY debt recovery refers to managing the debt collection process in-house without involving a third-party agency. This method requires your internal team—often your accounting or finance department—to take full responsibility for recovering…
DIY Debt Recovery vs. Hiring an Agency: What Are the Pros and Cons?
