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Improve accounts receivable process with these 6 tips

American Profit Recovery

There are so many aspects to running and managing a business that you can truly enjoy. Maybe you love interacting with customers, problem solving, or working the back end, creating new products and services. You and your team should enjoy coming to work and doing what people pay you for.

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Your business hired a collection agency. Now what?

American Profit Recovery

If your organization has had challenges in getting customers to pay or pay on time, you have most likely taken the steps to work with a collection agency. The right agency will help you get back on track as well as help your customers find a solution to their ongoing debt. Onboarding. Submitting accounts.

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Why cash flow is so important

American Profit Recovery

There are many reasons collection agencies exist. And while many consumers do not like being on the receiving end of a communication from a collection agency, companies like ours provide a necessary service to organizations that have challenges in getting their customers and clients to pay or pay on time. What is cash flow?

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How To Deal with Debt Collectors When You Can’t Pay

Better Credit Blog

If you are like most people, you have dealt with or are currently dealing with debt collectors. I’ve been preaching about the dangers of debt collectors for years and get countless emails from readers who end up in trouble by answering the phone when a debt collector calls. Don’t Let Them Provoke You.

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4 Key Metrics for Measuring Digital Campaigns in Accounts Receivable

PDC Flow

Every debt collector knows the struggle of getting consumers to answer their phones. But you need to collect certain key metrics to know these new tactics are working. Collecting and analyzing your data will help you understand how your business is performing and forecast future engagement and revenue.

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Collecting Business Debt: Five Best Practices When Working With A Collections Agency

Taurus Collect

Understanding the art of debt collection can be a challenging task for any business, especially when the debtor refuses to pay despite many reminders. In such situations, engaging a collections agency becomes inevitable. What if there was a way to ensure you’re not spending resources without results?

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How Often Do Debt Collection Agencies Take You To Court? 5 Things to Know

Taurus Collect

For business owners, one of the most dreaded aspects of running a successful company is what happens when customers fail to make timely payments. Thus, debt collection agencies are commonly utilised to ensure that funds due back to businesses don’t go unpaid.