BP Bill Payments & Receivables Management::Business Partner Payment Management::Business Partner Debt Collection::Manage Overdue Business Partner Bill/Invoice::Administer Overdue Business Partner Bill/Invoice Follow-Up

Administer Overdue Business Partner Bill/Invoice Follow-Up initiates and manages follow-up with a Business Partner that has one or more overdue amounts. A notification may be sent to a Business Partner asking for payment or joint activity between the enterprise and a Business Partner that initiates negotiation of a payment plan.     <br/><br/>The treatment method, such as notification or payment plan negotiation, may be governed by policies defined by Define Business Partner Debt Collection Policies. Policies may also direct any escalation of the recovery processes being employed.    <br/><br/>A Business Partner account in collections may cause a Business Partner to be denied large rebates, extended product offerings, especially if the collection is recent or remains unpaid , or both. This is may be included in any notifications to a Business Partner, along with informing a Business Partner that their debt may be turned over to a collection agency or subject to litigation by the enterprise, embargo, asset recovery.<br/>