Fraser

FEBRUARY 21, 2023

The State of Michigan, Department of Labor and Economic Opportunity (LEO) and Michigan Nonprofit Association (MNA) have teamed up to help Michigan charities whose operations were impacted by the COVID-19 pandemic. Castellani is an attorney and CPA with Fraser Trebilcock with over three decades of experience handling business transactions.

Acquisition 80

Acquisition 80

PDC Flow

MARCH 23, 2021

An essential part of running an accounts receivable business is keeping up with trends that will impact the industry and your agency. Just as important, you must know the latest risk management strategies to keep issues to a minimum. Operational Risk Management. Operational Risk Management.

Collection Agencies 97

Collection Agencies Collections Agency Education Collections 97

Troutman Sanders

OCTOBER 19, 2023

It requires data brokers to support deletion requests through a central “deletion mechanism” managed by the California Privacy Protection Agency (CPPA). Even if your business isn’t considered a data broker, data obtained or used by your business likely comes from a data broker.

Collections 52

Collections 52

Taurus Collect

MARCH 5, 2024

Engaging with a debt collections service is a crucial step towards managing and settling outstanding debts. This article aims to demystify the consequences of overlooking debt collectors and to provide insights into how debt collection services operate within the UK’s legal framework.

Debt collector 52

Debt collector Asset liquidation Debtor Education 52

UK debt collections

OCTOBER 26, 2022

The majority of UK firms have experienced suppliers refusing to do business with them because of late payments, according to a survey. Two-thirds of businesses (67%) feared a “global cashflow crisis” would occur if firms continue to pay late. Audit committees of big corporates must be made accountable for payment practices.

Manufacturing 59

Manufacturing Government Construction 59

Fraser

MAY 4, 2023

Even though the Michigan Legislature is currently mired in the often months-long process of passing a budget, there is a package of mostly non-spending bills in the Michigan House of Representatives that businesses should be keeping an eye on. ii) The individual performs work that is outside the usual course of the payer’s business.

Acquisition 88

Acquisition Trade Collections 88

Jimerson Firm

NOVEMBER 6, 2023

When drafting any sort of detailed business contract, a common question is what type of dispute resolution provisions should be included in it. If the parties to a contract select arbitration, they are typically able to choose the arbitrator to resolve the case. Will the parties require litigation or arbitration?

Law Firms 52

Law Firms 52

PDC Flow

NOVEMBER 29, 2023

For many businesses, especially those in regulated industries, using this criteria may not lead you to the best payment software for your company. Send a contract or retainer agreement and collect a deposit or payment agreement in one simple workflow. This is because not all payment processing services are the same.

Healthcare 79

Healthcare Collections Banks 79

PDC Flow

DECEMBER 20, 2022

Learn about our new business relationships and how we improved the self-serve options you can offer your customers through enhanced recurring payments and QR codes for printed billing statements. Before finding PDCflow, Carlisle was using two separate systems to first get contract signatures and then collect a deposit for an order.

Education 68

Education Manufacturing Collections 68

UK debt collections

FEBRUARY 19, 2024

A north west Claims Management company running financial mis-selling claims has closed, announcing on its website that cases have been transferred. It specialised in claiming back mis-sold or unaffordable financial services including personal contract claims, PPI claims and secret commission claims. What is Claims Management?

Trade 59

Trade Financial services Government 59

PDC Flow

JULY 19, 2023

Businesses want to make money. One of the most common–the profit and loss statement–lets companies: Monitor how the organization is performing and better understand profitability Assess expenses and profit trends Plan for future growth and reinvest in the business based on P&L data What is a Profit and Loss Statement?

Retail 85

Retail Collections 85

Taurus Collect

DECEMBER 18, 2023

In the dynamic world of business, maintaining a steady cash flow can be a challenge, particularly when clients fail to settle their debts on time. One of the key trends in this industry is the ‘no collection no fee debt collection’ approach, a cost-effective solution for businesses grappling with unpaid debts.

Collection Agencies 52

Collection Agencies Collections Agency Debt Recovery Collections 52

American Profit Recovery

MAY 28, 2021

This can include law firms, management consulting firms, marketing agencies, and others. You can further lay out expectations and set the tone for how your business will operate by requesting your fees upfront at the beginning of your relationship. In many cases, you may never see the customer.

Collection Agencies 244

Collection Agencies Collections Agency Law Firms Collections 244

PDC Flow

MARCH 2, 2021

Operational risk management in the workplace has always been a concern for business owners and managers. Performant Corporate Counsel Lauren Valenzuela and Finexus Insurance Agency CEO Katie Zugsay discussed these evolving risks in a recent CAC webinar, Smarter Risk Management for 2021. Katie Zugsay Esq.

Financial services 91

Financial services Collections Education Government 91

PDC Flow

JANUARY 25, 2022

Improving your call center operations is an ongoing struggle. You want to provide the best customer experiences possible but managing large teams and standardizing processes is hard. Call Center Operations: Problem Area Workflows Your call center’s operational efficiency relies on many departments and employees all working together.

Acquisition 77

Acquisition Collections Banks 77

PDC Flow

JANUARY 12, 2024

But, she didn’t always have such a strong compliance management system. Creating a compliance system that includes effective root cause analysis for isolating and addressing problems can boost efficiency and morale, making your business more attractive to new clients. It may even cause them to leave. So where should you start?

Collection Agencies 70

Collection Agencies Collections Agency Collections Education 70

CICM

JUNE 7, 2023

Ensuring your invoices are paid promptly and within terms is an essential item on the ‘to-do’ list for any business that wants to maintain a healthy cash flow position. However, managing Accounts Receivable can be time-consuming, complicated and yield uncertain results, particularly for smaller and mid-size organisations.

Collection Agencies 52

Collection Agencies Collections Agency Credit Management Collections 52

PDC Flow

JUNE 29, 2023

Small business financial management helps business owners, operators and managers know where money is being spent and how much profit is coming in. This glossary will help you learn more about the vocabulary and best practices of small business financial management.

Startups 58

Startups Retail 58

PDC Flow

NOVEMBER 1, 2023

By eliminating the hurdles of traditional payment methods, business-to-business Automated Clearing House (B2B ACH) payments create a swift, secure way to navigate modern business operations. Why Business to Business ACH Transactions? As a result, both payers and payees experience quicker access to funds.

Banks 78

Banks Government Financial Institution Collections 78

Nexa Collect

OCTOBER 21, 2021

A recent report by Deloitte found that nearly half of all medical practices are either uncertain or very uncertain about their ability to stay in business over the next three years, with 40% of respondents noting that they were not confident about their financial stability. How Medical Practices Are Minimizing Operating Costs.

Healthcare 130

Healthcare Collections 130

Nexa Collect

NOVEMBER 28, 2020

Healthcare clinics that wish to succeed in today’s competitive market must strive not only to provide quality care while keeping up with the continual technological advances of such a fast-paced and innovative industry but also to ensure they are managing their costs effectively. Optimizing the skills of your staff.

Healthcare 130

Healthcare Acquisition 130

Nexa Collect

AUGUST 2, 2020

The loss does not mean the future business, but if they file for bankruptcy, then even the current outstanding AR may turn into a complete loss. The loss does not mean the future business, but if they file for bankruptcy, then even the current outstanding AR may turn into a complete loss. Monitor the extent of account deficits.

Chapter 7 bankruptcy 130

Chapter 7 bankruptcy Bankruptcy Startups Creditors 130

Jimerson Firm

JANUARY 27, 2023

The members or managers of a limited liability company (“LLC”) have the power to control the business and affairs of the LLC depending on whether the LLC is “member managed” or “manager managed”. In corporations, shareholders elect directors who appoint officers to run the business and affairs of the corporation.

52

52

Jimerson Firm

JANUARY 30, 2023

Operating agreements can provide members of a limited liability company (“LLC”) with the power to create their own governing rules and resolve disputes before they arise. Consider the operating agreement as an instruction book for an LLC drafted by the members to meet the specific needs of a business.

Government 52

Government 52

PDC Flow

JANUARY 17, 2023

Right now, the most impactful way people are using tech in business is with digital communication. As processes change to expand these channels and make work easier for staff and customers, companies need to consider how to structure a team that can handle more digital operations. Hearing and responding to complaints or problems.

Collections 70

Collections 70

UK debt collections

AUGUST 3, 2022

The latest survey and research undertaken the the Federation of Small Businesses shows late payment is worse than ever. A survey of 1,300 Small Businesses and sole traders showed that half of SME’s are dealing with late payment for the quarter April to June 2022. Institute of Directors poll predicts bleak outlook.

Startups 59

Startups Collections 59

PBWT

NOVEMBER 15, 2020

in connection with a securities contract.” in connection with a securities contract.” in connection with a securities contract.” The adversary proceeding arose from a series of transactions involving Greektown Casino, LLC (“Greektown Casino”), which owned and operated a casino in Detroit.

Bankruptcy 104

Bankruptcy Financial Institution Debtor Judgment 104

Taurus Collect

MARCH 5, 2024

Navigating the financial challenges of running a startup can be a daunting task, especially when it comes to managing receivables. This model not only alleviates the financial pressure on emerging businesses but also ensures that debt collecting in the UK becomes a more accessible process.

Startups 52

Startups Collections Debt Recovery Collection Agencies 52

PDC Flow

SEPTEMBER 7, 2023

The details are securely stored so the business can process transactions in the future without requesting those same details again. Why Businesses Need Card on File or COF Merchant Bill Options Card on file payments give companies the option to store sensitive information for customers when processing credit cards. PDCflow can help.

Retrieval 77

Retrieval Construction Collections 77

Qualco

NOVEMBER 7, 2023

Managing loan portfolios becomes a labyrinth for financial institutions in a financial ecosystem marked by unrelenting complexity and constant change. Consequently, financial institutions operate within an economy marked by contraction and sustained inflationary pressures.

Financial Institution 90

Financial Institution Debtor Loans Collateral 90

Credit Management Company

MAY 17, 2022

Maintaining best practices for resolving accounts can lead to a positive and supportive experience for consumers, and effective management of debt accounts for healthcare providers. Vendors and partners that are involved in account resolution must operate under contract with your organization. The report was updated in 2020.

Healthcare 52

Healthcare Education Garnishment Collection Agencies 52

Taurus Collect

AUGUST 17, 2022

So, if you struggle to manage your business’s account receivables, hiring a debt collection agency can significantly help you. They improve the flexibility and scalability of your business. These services provide you with easy-to-incorporate, no-win, no-fee basis short-term contracts. Wondering how?

Collections 52

Collections Collection Agencies Collections Agency Debt Recovery 52

UK debt collections

JUNE 21, 2022

International Business late payment is expected to rise across Europe according to latest research. A survey conducted by Intrum AB of 11,000 European companies predicts that Businesses are expecting late payments to rise. The rise is expected due to rising inflation, fuel costs and interest rates.

Collection Agencies 64

Collection Agencies Collections Agency Collections Trade 64

The Kaplan Group

NOVEMBER 7, 2023

The number of women-owned businesses in the U.S. While these stats are impressive, most businesses will need outside funding at some point. Programs like the Women-Owned Small Business (WOSB) Federal Contract program also require that women make long-term decisions about the company and manage the day-to-day operations.

Loans 52

Loans Lender Banks Collateral 52

Troutman Sanders

APRIL 22, 2022

1] This is a watershed moment in the department’s approach to cybersecurity that highlights its renewed focus and commitment to holding vendors that do business with the federal government accountable for meeting federal cybersecurity requirements. Civil Cyber Fraud Initiative. The initiative targets companies and individuals that place U.S.

Government 52

Government Judgment 52

Collection Industry News

SEPTEMBER 8, 2020

Article 6 Investment Law 2020 stipulates that “Debt Collection Service” is one of the businesses that are prohibited from investment. This regulation will come into force on 1 January 2021, whereby service contracts for debt collection concluded before that will be invalidated. In addition to debt collectors operating under Decree No.

Collections 53

Collections Debt collector Debt Recovery Judgment Enforcement 53

Troutman Sanders

OCTOBER 16, 2023

On October 11, the Federal Trade Commission (FTC) announced a new proposed rule to prohibit junk fees, which are hidden and bogus fees that can harm consumers and undercut honest businesses. For more information, click here. The FTC has estimated that these fees can cost consumers tens of billions of dollars per year in unexpected costs.

Financial services 52

Financial services Student loans Student Loans Credit Unions 52