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What results should you expect from using a collection agency?

American Profit Recovery

What type of results should I expect from using a collection agency for my business? While cash flow depends on other internal elements in your business, if the collection agency effectively communicates with your customers, cash flow should improve dramatically. It’s a common question. How does the process work?

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Questions to ask a commercial collection agency before hiring

American Profit Recovery

A commercial collection agency is an agency that works to resolve debt between two businesses. How do you treat our commercial customers? No business, no matter the size, wants to lose a customer. If your customers are not treated fairly, you risk losing substantial amounts of business. And they have many choices.

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Debt Collection Process: Using a Revenue Recovery Service

Nexa Collect

Businesses can have troubled relationships, much like people. When a contract is breached, inadvertently or on purpose, one of the greatest losses is trust. An entrepreneur doesn’t start a business with a distrustful mindset. Many business owners are full of hope, ambition and optimism. On the contrary.

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Is your consulting firm losing cash flow? 4 tips to get back on track

American Profit Recovery

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. For example, when you are signing an agreement with a new client, place in writing that you expect some type of payment when the contract is signed.

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The Role of Arbitration in Resolving Business Disputes in New York

FFGN COLLECT NY

Business transactions are complex in nature, especially when involving major business organizations and deals. Even when negotiating with long-time business partners, there is no way to predict when issues and disputes may arise. What is Arbitration and its Role in Business Disputes?

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Strategies for Third Party Risk Management

Nexa Collect

Trusting someone can be as difficult and risky in business as it is in our personal lives. Regrettably, overreliance on others without a system of checks and balances may lead a business to fail in spite of good intentions. Why is managing third party relationships important? Why is managing third party relationships important?

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Looking Beyond Fees: Evaluating Payment Processing Services

PDC Flow

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.