Just because a merger or acquisition is completed on paper doesn’t mean the transactions will be a success.
The debtors are trying to buy time, perhaps hoping that if they wait it out, you’ll no longer have the patience or desire to pursue the claims. They figure your company will ultimately write off the account as a bad debt.
In any company, making employees familiar with more than one job is critical to developing the business and dealing with the unexpected.
In our mobile society, it’s rare to have firsthand knowledge of a new hire. And the days are gone when an employer would dare to hire an individual based solely on a grade point average and a transcript from a school or college.