Sat.May 23, 2020 - Fri.May 29, 2020

article thumbnail

Five New Ways to Deal with Unpaid Invoices During COVID-19

Enterprise Recovery

If you regularly bill clients, you have likely had the experience of chasing down money. It's frustrating, uncomfortable and a little intimidating. Now add in a global pandemic, climbing unemployment statistics and the amount of small businesses closing shop and suddenly, asking for what's owed to you can be downright worrisome. Let's take a step back and consider a new way of dealing with outstanding or overdue invoices, shall we?

article thumbnail

Top Challenges Consumer Face When Using Alternative Credit Scoring Systems

Titan Consulting

Key Takeaways. Your credit score doesn’t measure your financial worth, or necessarily your level of financial responsibility. Your credit score only measures your ability to manage debt. Credit bureaus measure variables related to your debt like the total amount of your debt, if you make your debt payments on time, how long you have been paying on debt obligations and how much debt you are servicing relative to how much potential debt has been extended to you.

Lender 98
Insiders

Sign Up for our Newsletter

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

article thumbnail

Sergio Schüler Joins re:ceeve to Accelerate Product Development

Re:Ceeve

We have recently hired and are happy to welcome Sergio Schüler to the team at re:ceeve. He joins us to run product management and to play an important role in connecting the sales and marketing side of the business, our customers, as well as development with one another. His role is critical in making sure that everything flows together around our product to allow us to deliver the best solution to our customers.

article thumbnail

Partner with certified Debt Collection Agency

Debt Recoveries

The cashflow of every business is an important factor to keep the operations of the business afloat. One of the services businesses are able to use to help maintain or improve their cashflow is a debt collection agency. Ensuring the collector you have chosen is highly reputable in their industry is of utmost importance. To assist in ensuring quality and integrity within the debt collection industry, the Institute of Mercantile Agents was formed.

article thumbnail

From Complexity to Clarity: Strategies for Effective Compliance and Security Measures

Speaker: Erika R. Bales, Esq.

When we talk about “compliance and security," most companies want to ensure that steps are being taken to protect what they value most – people, data, real or personal property, intellectual property, digital assets, or any other number of other things - and it’s more important than ever that safeguards are in place. Let’s step back and focus on the idea that no matter how complicated the compliance and security regime, it should be able to be distilled down to a checklist.

article thumbnail

£4m Dubai Debt upheld by English Court

UK debt collections

An English Court has ordered an ex-Football Club boss to repay a Debt order issued by a Dubai Court. The Court ruling made in Dubai ordered David Haigh to re-pay millions of pounds in cash he was convicted of siphoning from an investment company in the UAE. David Haigh was convicted in 2015 by Courts in Dubai for a breach of trust. It was found that he embezzled almost £4m in funds from his previous employer GFH Capital Ltd.

Banks 67

More Trending

article thumbnail

re:ceeve Partners with Ferratum, Signaling a Shift to a New Standard in Collections

Re:Ceeve

How can a business continuously improve its collections processes and further grow? How can one implement fast, new solutions to clients? We answered these questions together with the team at ?Ferratum? - who we proudly have as our first large customer. re:ceeve and Ferratum Group. We were introduced to Ferratum through one of our business angels who was acquainted with their CEO. ?

article thumbnail

Reopening Offices Under Michigan COVID-19 Executive Orders

Fraser

Governor Whitmer’s various Executive Orders (“EOs”) have transitioned from shut-down to phased reopening. Those multiple EOs make the reopening process confusing. This article summarizes the requirements to permissible recall office workers for work outside of their own homes. However, the actual requirements are lengthy and all must be met by the employer.

article thumbnail

Five Ways CEOs Are Rethinking Accounts Receivable

Debtor Daddy

Accounts Receivable (AR) is a relatively small cog in your business machine but it carries with it an outsized cost if mismanaged. Conversely, if managed well it offers an outsized benefit to a business in the form of predictable cash flow and predictable customer experience. No surprises. You’re happy, your team is happy and your customers are happy.

Debtor 52
article thumbnail

What To Do When A Good Customer Incurs Bad Debt

JMA

Don’t let a good business relationship turn sour because of debt — what do you have to do when the need arises? Customer Conundrum Every business has encountered this scenario in one way or another – that of having good customers with a proven track record with your company but is not able to pay. Read more » The post What To Do When A Good Customer Incurs Bad Debt appeared first on JMA Credit Control.

52
article thumbnail

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

Are you finding some snags in your collections process? 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. Learn how MeridianLink® Collect has helped financial institutions like yours streamline collections processes.

article thumbnail

Car Repossessions During the COVID-19 Crisis

Sawin & Shea

Transcript. Hi, I’m Andrew Sawin, an attorney at Sawin and Shea Bankruptcy Law Office. I’m here to talk to you today about repossessions. I know currently with this current COVID-19 crisis, many car lenders have voluntarily suspended repossessions. This is voluntary. There is no state mandate keeping them from repossessing cars. As you would expect, this is going to end sometime soon.

article thumbnail

Walking Man: How Do You Oversee a Distributed Workforce?

NCBA Law Practice Management Blog

Lawyers tend to manage in place. They oversee staff by walking around the office, to randomly check in on people, like Lumberg from ‘Office Space’. They can also be vicious micromanagers. It’s understandable to an extent, of course; if someone in the office screws up in a major way, it’s the attorney’s license that’s on the line. I get it. But, there is a better way; and, a way that is becoming increasingly necessary for law firms.

article thumbnail

A Path Forward: CSA Programs are Finding New Ways to Engage Families and Communities

Prosperity Now

Across the nation, the COVID-19 crisis continues to impact daily life, while also exacerbating financial instability, making saving even more

52
article thumbnail

This is What You Should Know About Debt Collection

JMA

Many business owners admit that whenever a customer or anyone else owes them money, it carries with it a frustrating feeling. Often, these debtors would try everything they can to avoid you such as ignoring any emails and reminder letters, not answering your calls, and try to evade you whenever they can. Any business owner. Read more » The post This is What You Should Know About Debt Collection appeared first on JMA Credit Control.

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

Business Valuation Tools to Help Sales Strategies

Micro Bilt

The COVID-19 pandemic, subsequent shutdowns, and widespread unemployment have been tough on small businesses throughout the country.

52
article thumbnail

Karen Edler to speak at Volunteer Lawyers for Justice webinar on June 2, 2020

Price Meese

Karen Edler, Esq. will be speaking at the Volunteer Lawyers for Justice free webinar, Special Education Law and Advocacy During COVID-19, for parents of children with special needs on June 2, 2020 at 12:00 p.m. This webinar will address the basic legal rights of children under IDEA and New Jersey regulations in the midst of the COVID-19 pandemic. The webinar will also address how parents can virtually advocate to implement their child’s IEP programming and related services; obtain Extended

Lawyers 40
article thumbnail

Understanding the influence debt could have on your future

Roths Child Law

Debt can come in a variety of forms, and dealing with the strain of financial hardships can be a stressful and harrowing process. If you experience similar challenges, you may be no stranger to the amount of stress overwhelming financial obligations can place on your life. While dealing with the angst of debt can be troublesome enough as is, you might not be aware of how such issues could be affecting your future.

article thumbnail

The Best Collections Agency

Recoverity

As finance and credit professionals, TBCA, Inc. takes pride in knowing that we can build a long-standing relationship with each of our clients. Choosing the right collection agency to represent your business is an important decision. Since 2009 TBCA has been committed to our reputation and the reputation of our clients. Our philosophy exemplifies the fundamental belief that quality service comes from understanding each client’s needs and implementing solutions to increase our client’s revenue.

article thumbnail

Connect, Care, Convert: Secrets to Establishing Trust with Niche Markets and Turning Them Into Clients

Speaker: Lynnette Khalfani-Cox, The Money Coach®

Niche markets represent a huge opportunity for the financial services industry in America. From college students and women to communities of color and low-to-moderate-income households, niche populations have specialized financial needs – but they often underutilize many valuable financial products and services. How can you better connect with these consumers?

article thumbnail

5 Strategies For Effective Remote Team Communication | Arbeit

Arbeit Software

You and your team are probably already set up to work from home, but are you set up for success? Recruiting director and remote team leader Ben White shares five strategies leaders can use to achieve effective communication with their remote teams.

40
article thumbnail

Price Meese to provide complimentary webinar on property tax appeals on June 16, 2020 at 10 am

Price Meese

Click here for the flyer: PMSD Webinar flyer May 20 Approved. For additional information please see the attached flyer or contact Jennifer Gutierrez jgutierrez@pricemeese.com to reserve a complimentary spot. The webinar will take place on June 16, at 10 am. The post Price Meese to provide complimentary webinar on property tax appeals on June 16, 2020 at 10 am appeared first on Price, Meese, Shulman & D’Arminio, PC.

40
article thumbnail

Pending Home Sales Plummet in April

NACM

Pending home sales is the latest sector to see record drops from the impacts of COVID-19. The Pending Home Sales Index from the National Association of Realtors (NAR) declined 21.8% in April. All regions saw a month-to-month and year-over-year decline in pending home sales. "With nearly all states under stay-at-home orders in April, it is no surpri.

5
article thumbnail

Payday Loans Are Illegal in New York State

FFGN COLLECT NY

When money is tight, some seek out the last resort: a payday loan. These short-term, high-interest cash loans are offered in advance of a paycheck or some other form of cash injection. But the typically massive interest quickly adds up. Critics call these loans predatory and warn that borrowers can fall into even greater debt. That’s why New York made payday loans illegal.

Loans 52
article thumbnail

ERM Program Fundamentals for Success in the Banking Industry

Speaker: William Hord, Senior VP of Risk & Professional Services

Enterprise Risk Management (ERM) is critical for industry growth in today’s fast-paced and ever-changing risk landscape. When building your ERM program foundation, you need to answer questions like: Do we have robust board and management support? Do we understand and articulate our bank’s risk appetite and how that impacts our business units? How are we measuring and rating our risk impact, likelihood, and controls to mitigate our risk?

article thumbnail

New Home Sales Rise Slightly Showing 'Potential Recovery'

NACM

Although existing home sales declined last month, new home sales held their ground in April with more than a half-percent rise. National Association of Home Builders (NAHB) reported the increase brought the seasonally adjusted annual rate to 623,000 units.NAHB Chairman Dean Mon said in the report that the new home sales results "show the potential.

5