Collections Related Topics 
Enterprise Recovery
APRIL 10, 2024
Many companies often turn to professional debt collection agencies for assistance when this happens. Before you hand over your delinquent accounts to a collection agency, it's important to understand their role and how they can help your business.
American Profit Recovery
MARCH 13, 2024
A healthy debt collection process helps businesses of all sizes maintain positive cash flow which is critical for many reasons. Let’s go through some of the obvious and not so obvious reasons why debt collections is an integral part of your organization’s cash flow. Or worse, credit lines.
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Account Recovery
MARCH 26, 2024
A debt collection bill advanced out of committee in the Massachusetts Senate yesterday and is expected to be voted on by the full Senate later this week that seeks to make the collection process more “fair.” ” The bill, S 2713, was introduced by state Sen. Jamie Eldridge.
Account Recovery
APRIL 15, 2024
The governor of Oregon has signed a bill into law that raises the amount of money that can be protected by consumers from garnishments and keeps them from a “financial death spiral because of debt collection,” according to the sponsor of the bill.
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Are you finding some snags in your collections process? Learn how MeridianLink® Collect has helped financial institutions like yours streamline collections processes. Case Study Franklin Mint)
American Profit Recovery
MARCH 11, 2024
Many organizations still rely on in-house debt collection teams as part of their accounts receivable program. While in theory, this may have moderate benefits, relying on internal resources for all your collection activity may ultimately be a negative. Keeping up to date on debt collection laws can be complex and costly.
Enterprise Recovery
NOVEMBER 10, 2023
Debt collections between businesses (B2B) is the recovery of overdue payments for goods or services provided to another company. Understanding the intricacies of B2B debt collections is essential for businesses to manage their cash flow effectively and maintain healthy financial relationships with their clients.
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Looking for a modern collection system to keep track of accounts across your team? Click here to download the full brochure and learn how a modern collection system can support your team!
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Discover a modern, cloud-based collection system that never takes a rest day. MeridianLink® Collect is an intuitive platform with advanced customization options developed to simplify the collections process.
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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.
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