Sun.Sep 17, 2023

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Four Reasons Why Improving Your Debt Collection Rate is the Best Way to Increase Cash Flow

Direct Recovery

Cash flow is commonly said to be the lifeblood of any good business, so it only makes sense that the best companies would want to do everything in their power to increase cash flow. Improving the debt collection rate is one of the easiest ways to increase cash flow for any company extending credit to its customers. These debt collection rate improvements can impact a business’s cash flow in four different ways, which means there are four good reasons you should be thinking about upgrading

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5 Crucial Data Modernisation Considerations for Collections Operations

Taurus Collect

In the fast-paced world of collections operations, staying ahead means embracing innovation and modernisation. Leveraging data is at the heart of this transformation. But with a landscape that’s evolving at lightning speed, where should your focus lie? This blog post delves into five critical considerations for data modernisation in collections operations.

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Crunch time after string of aggressive central bank rate hikes

Collection Industry News

LONDON, Sept 14 (Reuters) – It is crunch time. Major central banks have confounded economists with a string of interest rate rises that, so far, have moderated inflation without causing global recession. Now comes the challenge: how to pause monetary tightening without unleashing market exuberance about future rate cuts that would loosen financial conditions and revive price pressures.

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