Kickstarting the Year: Essential Debt Recovery Resolutions for Businesses
The start of a new year is the perfect time to reset your financial health. For many businesses, that means tackling lingering unpaid invoices from 2025. Uncollected debts tie up working capital, strain cash flow, and can quietly erode profits.
At Key Debt Recovery, we help businesses turn overdue accounts into recovered revenue — compliantly, ethically, and efficiently. Here are 5 practical debt recovery resolutions to kickstart your 2026 on strong financial footing:
1. Conduct a Full Accounts Receivable Audit
Review every invoice over 30 days past due. Categorize them by age (30–60 days, 61–90 days, 90+ days), amount, and customer type. Identify patterns — such as repeat offenders in specific industries or regions.
Resolution: Aim to prioritize and act on at least 70–80% of your aged receivables in the first quarter.
2. Update and Strengthen Your Credit & Collection Policy
Ensure your invoices clearly state payment terms, late fees, and escalation steps. Add early-payment discounts (e.g., 2% net 10) and automate friendly reminders at 15 and 30 days past due.
Resolution: Implement a consistent “three-touch” system before involving a professional agency.
3. Set Clear Escalation Triggers
Decide in advance when an account moves from internal reminders to professional collection (e.g., at 60 or 90 days). Define your tolerance for payment plans vs. full settlement.
Resolution: Create a written escalation policy so decisions are consistent and not emotional.
4. Leverage Technology and Professional Support Early
Modern skip tracing, multi-channel outreach (phone, email, SMS with consent), and real-time reporting significantly improve recovery rates. Waiting too long reduces success and increases risk.
Resolution: Partner with a compliant agency like Key Debt Recovery early in the process for higher recovery rates and lower stress.
5. Prioritize Compliance and Brand Protection
Resolve to use only ethical, respectful communication that protects your reputation and complies with the FDCPA and state laws. Avoid aggressive tactics that could damage customer relationships or expose you to complaints.
Resolution: Track key metrics monthly: recovery rate, average days to collect, and cost per dollar recovered. Aim for measurable improvement throughout 2026.
How Key Debt Recovery Helps You Succeed
We serve businesses nationwide with a dedicated team that provides:
In-house skip tracing and data enrichment
Professional, brand-safe multi-channel outreach
Transparent real-time reporting
30/60/90-day ROI reviews
Attorney coordination (via independent, licensed counsel) only when economically justified and with your written approval
Start 2026 strong by turning your aged receivables into cash. Let’s review your portfolio together and create a tailored recovery plan.
Contact Key Debt Recovery today for a free, no-obligation consultation.