The pblm is a serious one and the same might be experienced throughout the industry.but takin steps as penalty n high interest in the longer run can prove detrimental to the organisation.
if this broking firms does charge penalty n interest clients as well as employees may go to another firm
i feel it can be curtailed to a grt extent by usin these simple n cost effective steps 1.clients to be informed beforehand tht in case the cheques r realised late due to clients fault then they have to share the burden of additional cost. 2.some additional services for clients makin payments in time 3.makin the staff aware the magnitude of the impact 4.givin more benefits to those branches which hav proper collections
since human beings r involved the pblm has to be solved thtway.coz installin sophisticated systems will be not yield results as ppl may find some other way
