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5 benefits of turbocharging your accounts receivable management

On Guard

5 benefits of turbocharging your accounts receivable management. On paper, the accounts receivable process is downright easy: money comes in, you mark that the client has paid, and you deposit the money into the business bank account. No more need for spreadsheets. Always work with the latest data.

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CFPB Names New Consumer Advisory Board

Account Recovery

The Consumer Financial Protection Bureau yesterday announced the newest round of appointments to its Consumer Advisory Board, Community Bank Advisory Counsel, Credit Union Advisory Counsel, and Academic Research Council, and once again, the accounts receivable management industry is on the outside looking in.

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Five ways for automotive companies to shift their accounts receivable management into the next gear

On Guard

Debtor management or accounts receivable seems fairly simple: money arrives, you note that the customer has paid and book the money into the company bank account. But those who know the process a little better, know that accounts receivable, especially in the automotive industry, is rarely that simple.

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VoApps hires Kirby Miller as Chief Revenue Officer to Lead Strategic Growth

Account Recovery

Miller will be tasked with supporting the existing sales team in the core industries of accounts receivables management, online lending, banks and credit unions, … The post VoApps hires Kirby Miller as Chief Revenue Officer to Lead Strategic Growth appeared first on AccountsRecovery.net.

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Conn. Regulator Fines Collector For Collecting Interest on One Account

Account Recovery

The Connecticut Department of Banking has fined a debt collector for collecting interest in violation of state law on one account during a 15-year period, in the latest in a series of enforcement actions taken against companies in the accounts receivable management industry.

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CFPB Names New Members to Advisory Board — None from ARM Industry, Again

Account Recovery

Once again, the Consumer Financial Protection Bureau has opted not to include anyone from the accounts receivable management industry on its Consumer Advisory Board, despite multiple individuals from the industry who applied for a spot.

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CMS Services Launches Free Terms & Conditions Database With Agreements From Hundreds of Creditors Nationwide

Account Recovery

CHICAGO — April 6 — CMS Services, a leading provider of compliance management services to the Accounts Receivable Management industry, is excited to announce the launch of its Bank Terms & Conditions portal, providing copies of the terms and conditions issued by hundreds of credit grantors and financial institutions nationwide from (..)

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