article thumbnail

5 Essential Debt Collection Software Features

Qualco

However, in a small number of credit businesses, the right strategies for systems and people have not been set. This e-Guide discusses how creditor organisations can go about building the skills and competencies within their own workforce to enable better governance, compliance, and credit management. Download it here.

article thumbnail

What is Credit Control and How to be a better Debt Collector

Debt Recoveries

By putting in place efficient credit management systems, you can reduce the chance of late or missed payments, which can have a big influence on the financial stability of your company. Do you want to learn more about how Debt Recoveries Australia can assist you with your invoicing and debt collection issues?

Insiders

Sign Up for our Newsletter

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

article thumbnail

Who Should Use Commercial Debt (B2B) Collections?

Credit Management Company

After speaking with colleagues, you were told about the possibility of commercial debt collection agencies taking over. This is known as business-to-business debt, these firms specialize in debt recovery owed by businesses. This type of debt collection can be hard to understand at first.

article thumbnail

Common Myths About Using a Collection Agency

Credit Management Company

If you’re a business hoping to hire a debt collection agency, consider partnering with Credit Management Company. We offer debt recovery for several industries, including healthcare, government, commercial, and more.

article thumbnail

Increasing debt and rising fraud – A guest blog by Menzies LLP

CICM

Increasing Debt. With the Corporate Insolvency and Governance Act 2020 (“CIGA”) restrictions in place, a creditor is not currently able to petition for a company’s winding up. The availability of government grants and backing for bank loans has seen an exponential rise in fraud. Rising Fraud. gcunningham@menzies.co.uk.

article thumbnail

Hints and Tips When Pursuing Insolvency Proceedings – A blog by Keebles LLP

CICM

With fears that insolvencies are set to rise this year once Government support is withdrawn and businesses must ‘stand on their own two feet’, it is important to understand what options are available to creditors to maximise their recovery of undisputed debts. Hints and Tips When Pursuing Insolvency Proceedings.

Debtor 40