CONTEXT / SCOPE
The objective of this SOP is to streamline the handling of overdue accounts through a systematic payment reminder and collection process, ensuring consistency in communication and actions taken across all customer segments.
IMPACTED TEAMS
Core CSMs
Digital CSMs
CS Operations
GLOSSARY
CRED SOFT - Self-Managed Credentialing Software (Credentialing Software)
CRED SERV / FMC - Fully Managed Credentialing Service (Credentialing Service)
CSM – Customer Success Manager
LMS- Learning Management System
Opp - Opportunity (where RSM registers the process of sales and information about the purchased product.)
SF - Salesforce
TL - Team Lead
RESOURCES
- Core/Strategic Accounts Campaign 1-Past Due/Delinquent Accounts Outreach Sequence
- Digital Accounts Campaign 1- Past Due Accounts Outreach Sequence
📊 Billing Dashboard (Looker Studio)
TABLE OF CONTENTS
Delinquent Accounts: Payment Reminders and Collections
Core CSMs
As a CCSM, your approach in this process will be more high touch, meaning that there will be part automation, part some tasks to keep in mind. Your workflow is designed to work synchronically with Finance.
The Outreach sequence will be sending reminder tasks on the days when Finance will reach out to the client, and will send automated emails on the CSM’s behalf when they have to step in and follow up.
Keep in mind that as soon as the main POC responds, or the account becomes current, they will be opted out of the sequence automatically.
For the sequence, Day 1 is Day 10 of our process, which is explained in the steps below. So day 90 of the sequence is our day 100. This will not appear in your workflows, so no need to worry about this.
Make sure to read task descriptions when you receive in, to know what to look for. Also please always update your case notes!
Step 1: Initial Payment Reminder (10 Days Overdue) - Task #1
When an account has become 10 days overdue, Finance will be reaching out to the account’s main point of contact, including their secure billing link so they can update their payment information. You will be receiving a task to:
Manually add in the POCs of past due accounts.
Monitor communication, and to reach out to your TL in case Finance has not reached out
To add prospects to a sequence please follow these steps:
Copy the sequence name
Go to Outreach, and then to your Prospects Page
Look for the prospect you need to reach out to
Select the prospect and then click on the Sequence button
Paste the name of the sequence
Click on the sequence that appears
Click on Add to Sequence
Adding a prospect to a sequence should only be done when instructed in a process like this one. Please refrain from creating your own sequences and adding prospects in them unless instructed otherwise.
The name of your sequence is: Digital Accounts Campaign 1- Past Due Accounts
For more Outreach know-how, please review the MT-CS-014: Outreach Setup & Management SOP
Step 2: Second Payment Reminder (40 Days Overdue) - Task #3
When an account becomes 40 days overdue, Finance will be reaching out to the account’s main point of contact again. You will be receiving a task to monitor and confirm Finance’s 2nd email was sent.
Step 3: Customer Success Engagement (60 Days Overdue) - Automated Emails #1 and #2
Outreach will be sending 2 emails on behalf of the CSM: when the 60 Days Overdue hit, and a follow-up email 1 week after.
Email 1 looks like this:
Email 2 looks like this:
Step 4: Final Notice (90 Days Overdue) - Task #4
When an account becomes 90 days overdue, Finance will be reaching out to the account’s main point of contact a third time. You will be receiving a task to monitor and confirm Finance’s 3rd email was sent.
Step 5: Service Suspension and Collections (100+ Days Overdue) - Task #5
When an account becomes 100 days overdue, Finance will be suspending services. Task 5 will just be a reminder for you to check on the account status and confirm it.
Step 6: Win-Back Period (60 to 100 Days Overdue) - Automated Email #3
On day 80, one last automated email will be sent on your behalf, and will contain a 10% off offer as a win-back strategy. Please follow up with your admins accordingly:
Step 7: Mark as Lost Revenue (120 Days Overdue) - Task #5
When an account becomes 120 days overdue, Finance will be suspending services. Task 5 will also apply to step 7, as you will need to confirm account status
Digital CSMs
As a DCSM, your process will be fully automated, as shown in the Outreach sequence below. Please remember to follow up accordingly to your admins' replies.
Keep in mind that as soon as the main POC responds, or the account becomes current, they will be opted out of the sequence automatically.
Please remember to add in your prospects to the
To add prospects to a sequence please follow these steps:
Copy the sequence name
Go to Outreach, and then to your Prospects Page
Look for the prospect you need to reach out to
Select the prospect and then click on the Sequence button
Paste the name of the sequence
Click on the sequence that appears
Click on Add to Sequence
Adding a prospect to a sequence should only be done when instructed in a process like this one. Please refrain from creating your own sequences and adding prospects in them unless instructed otherwise.
The name of your sequence is: Core/Strategic Accounts Campaign 1-Past Due/Delinquent Accounts
For more Outreach know-how, please review the MT-CS-014: Outreach Setup & Management SOP
Documentation and Reporting
Each team is responsible for documenting all interactions and escalations in Salesforce/NetSuite to maintain a comprehensive record of customer communications and actions taken. Regular reports should be reviewed to assess the effectiveness of the process and make necessary adjustments.
Review and Updates
This SOP should be reviewed bi-annually or as needed to ensure it remains effective and relevant based on business needs and customer feedback.