April, 2021

Remove payment
article thumbnail

Why People Resist Bankruptcy

Sawin & Shea

Many people who file for bankruptcy are employed but are still struggling to manage their monthly payments. Creditors often put immense pressure on debtors, and they might even tell you half-truths or outright lies as a way of tricking you into making a payment. Don’t let creditors pester you into believing payment is the only option.

article thumbnail

Are Your Client Payments Still Affected by the COVID-19 Pandemic?

Enterprise Recovery

Manufacturers were unable to move products due to global supply chain challenges and small-to-medium businesses faced delayed payments. Are your client payments still affected by the COVID-19 pandemic? With states lifting mandates and vaccines in arms, there seems to be a light at the end of the tunnel.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Prosecutors Seize $400k from Payment Processing Firm with Ties to Collection Agencies

Account Recovery

Prosecutors have seized an additional $400,000 from a payment processing company that allegedly laundered money for a debt collector who is being investigated by federal authorities, according to a published report.

article thumbnail

Late Payments hampering Small Business recovery

UK debt collections

Small Business late payment is severely hampering recovery from the pandemic according to new data. Delayed payment of invoices owed to SME’s over the past 12 months totals a shocking average of £130,445.05. Whilst late payment continues, this will only serve to hinder Small Business recovery in the second half of this year.

article thumbnail

10 Ways to Improve Payment Collections with Salesforce

For finance teams using Salesforce’s powerful CRM technology, automation can transform accounts receivable processes, driving efficiency and delivering measurable results like cost savings, reduced customer churn, and lower DSO.

article thumbnail

48% of Businesses see increase in late payments

UK debt collections

New data captured has shown that 48% of Businesses have seen an increase in late payment. The New data supplied from cloud-based credit management platform, Know-it highlights that late payments remain an ever-present challenge for business owners. Late payments damage cash flow, restrict growth and can even present insolvency risks.

article thumbnail

How to Accept Recurring Payments as a Small Business

Nerd Wallet

Recurring payments are an efficient way for a variety of different types of businesses to collect payments while also offering the customer a good experience. Setting up these payments requires a little backend work, but nothing that your payment service or merchant services provider couldn’t help you with.

article thumbnail

When It Comes to Collections Software, “Good Enough” Isn’t Good Enough

With delinquencies, and the number of consumers looking for payment assistance on the rise, it may be time to consider an efficient cloud-based software to support your team. Are you finding some snags in your collections process? Learn how MeridianLink® Collect has helped financial institutions like yours streamline collections processes.

article thumbnail

Everything You Need to Know About Crypto

Speaker: Ryan McInerny, CAMS, FRM, MSBA - Principal, Product Strategy

May 18th, 2023 at 9:30 am PDT, 12:30 pm EDT, 5:30 pm BST