Thu.Jun 24, 2021

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Pandemic is forcing Companies into Late Payment clampdown

UK debt collections

The changing face of late payment has lead to nearly half of companies saying that they were lucky to have survived 2020. The research as part of Intrum’s sixth UK edition of the European Payment Report 2021 also found that companies have also taken the opportunity to tighten payment terms and focus on liquidity.

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Getting to Know Nick Prola of Professional Finance Company

Account Recovery

Product development is driven by customer feedback, agency profitability and compliance and includes platforms addressing client portal access, document management, payment negotiation, Regulation E focused electronic payment authorizations and TCPA communication authorization platforms.

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Why Intelligent Automation is a must-have in a future-proof financial policy

On Guard

Another revenue-generating avenue in the order-to-cash process is in payment processing, especially in the context of a large existing bookkeeping operation. Take for example an account where the amount is very similar to an outstanding invoice, or a parent company is making payment in place of the intended customer.

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5 Ways You and Your Partner Can Save Money before Starting a Family

Credit Corp

From home repairs and utility payments to your usual monthly mortgage, owning a home can eat up a large chunk of your income. One easy way you can save money on your monthly mortgage payments is by refinancing your home. This can help you retain thousands of dollars over the lifetime of your loan and lower your monthly payment.

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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.

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Financial Health of Justice-Involved Individuals

Credit Corp

If you’re having trouble making payments after incarceration or you want to adjust your card limits to boost your debt-to-credit ratio, don’t be afraid to call your lenders. Lenders share credit limit, usage and payment information with credit bureaus, so if you stay on top of your balance, you’ll improve your credit score.

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Creating Credit Opportunities with Open Banking

Fico Collections

In the UK alone, nearly 3 million consumers and businesses now use Open Banking-enabled products to manage their finances, access credit and make payments. It’s clear Open Banking has the potential to directly help empower more choice for millions more consumers in Europe and Africa.

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

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

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Everything You Need to Know About Crypto

Speaker: Ryan McInerny, CAMS, FRM, MSBA - Principal, Product Strategy

May 18th, 2023 at 9:30 am PDT, 12:30 pm EDT, 5:30 pm BST