BP Bill Payments & Receivables Management::Business Partner Payment Management::Business Partner Debt Collection::Develop Business Partner Debt Collection Strategy::Define Business Partner Debt Collection Policies

Define Business Partner Debt Collection Policy develops and manages (modifies/removes) Business Partner debt collection policies used by the debt recovery process. A policy may represent rules to apply when attempting to recover a Business Partner debt or to identify when Business Partner debt collection activities should commence.  For example, the events that trigger dunning rules evaluation, the conditions to evaluate and the actions that must be done, such as SMS, letters, outbound calls, barring/unbarring actions, late fees, penalties, and so forth.