Thu.Feb 09, 2023

article thumbnail

Questions to ask a commercial collection agency before hiring

American Profit Recovery

A commercial collection agency is an agency that works to resolve debt between two businesses. Commonly known as B2B debt collections, it’s the process of mediating financial disputes and overdue invoices owed to a commercial client. In many cases, these invoices and balances due can add up to a substantial amount of money. If, for example you are in manufacturing or distribution and you extend credit in the form of pallets of products, you’ll want to know how quickly you can get pai

article thumbnail

Collection Agency for Lumber Companies

Nexa Collect

Lumber companies provide hardware, lumber, and building materials for professional contractors and home builders. However, not all their invoices get paid on time. It is common for lumber companies to have overdue AR that runs into tens of thousands of dollars. This figure can run into millions of dollars for large lumber companies. Collecting money for Lumber Companies Nationwide Contact us for a free consultation Lumber companies often need professional help to negotiate non-payment cases and

Insiders

Sign Up for our Newsletter

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

article thumbnail

Strategies Small Businesses Can Use to Retain Employees

Nerd Wallet

Lisa Anthony writes for NerdWallet. Email: lanthony@nerdwallet.com. The article Strategies Small Businesses Can Use to Retain Employees originally appeared on NerdWallet.

119
119
article thumbnail

Daily Digest – February 9. Getting to Know Janneen Jackson of Phillips & Cohen Associates; Judge Grants MTD in Hunstein Case

Account Recovery

GETTING TO KNOW JANNEEN JACKSON OF PHILLIPS & COHEN ASSOCIATES Janneen Jackson may be new to the accounts receivable management industry, but she is one of the most experienced rookies the industry has seen in a while. Having spent 14 years in the debt settlement industry, Jackson knows her way around collections. Her plan now … The post Daily Digest – February 9.

article thumbnail

Your Accounting Expertise Will Only Get You So Far: The New Way To Lead

Speaker: Victor C. Barnes, CPA, MBA

In the climb from contributor to leader, the rules quietly change. But if you’re aiming for the summit, the air gets thinner, and what got you here won’t be enough to get you to the top. 🗻 What made you successful early in your finance career—technical accuracy, sharp analysis, flawless execution—won’t be what carries you to the next level. The higher you go, the more your effectiveness depends on how you connect, adapt, and communicate.

article thumbnail

How Are Bonuses Taxed and Who Pays?

Credit Corp

So, you received a bonus at work? Congratulations. Whether it’s a year-end bonus or a reward for strong performance, a planned or an unplanned bonus, any extra money can be a great reward. Before you start thinking of all the ways you want to spend this extra compensation, it’s important to realize that the IRS is going to take a fraction of your bonus.

More Trending

article thumbnail

Debt Recovery effort sees £437,000 written off by Council

UK debt collections

Renfrewshire Council is preparing to write off more than £400,000 of irrecoverable debt following extensive debt recovery action. Elected members will meet tomorrow to consider the move, which would mean a number of companies, either dissolved or liquidated , would not be expected to make further payments on specific bills. A total of £437,532 is due to be considered by the finance, resources and customer services policy board.

article thumbnail

‘Bridge’ Your Way to Social Security

Nerd Wallet

Liz Weston, CFP® writes for NerdWallet. Email: lweston@nerdwallet.com. Twitter: @lizweston. The article ‘Bridge’ Your Way to Social Security originally appeared on NerdWallet.

78
article thumbnail

Knockdown, Drag Out: Law Firms Require Two Stages of Intake

NCBA Law Practice Management Blog

One of the things that came out of the pandemic was that it was clear that law firms need ed to think more granularly about their intake processes. The convenience economy was accelerated by the pandemi c, which means that any business intake process must now b e tight as a drum. Now , in thinking about your law firm’s intake process , understand that it comes in stages.

article thumbnail

DUNS Number: What It Is and How to Get One

Nerd Wallet

Kelsey Sheehy writes for NerdWallet. Email: ksheehy@nerdwallet.com. Twitter: @KelseyLSheehy. The article DUNS Number: What It Is and How to Get One originally appeared on NerdWallet.

77
article thumbnail

The Hidden Science Behind Why Finance Teams Resist Change—And How to Fix It

Speaker: Kim Beynon, CPA, CGMA, PMP

The most overlooked, yet most critical, element of transformation is preparing people for change. Automation and AI aren't just technical upgrades, they’re cultural shifts which can challenge identities. That’s why change management isn’t a side project—it’s the foundation. In finance, where precision and process rule, navigating change can feel especially disruptive.

article thumbnail

APP Scams: What Impact Will the PSR’s Proposals in the UK Have?

Fico Collections

Home Blog FICO APP Scams: What Impact Will the PSR’s Proposals in the UK Have? As the PSR’s response to authorized push payment fraud moves towards becoming law, what will the results be? Will there be unintended consequences? And what can banks do? FICO Admin Tue, 07/02/2019 - 05:23 by Matt Cox VP and General Manager, EMEA expand_less Back To Top Thu, 02/09/2023 - 11:40 Of the £609.8 million stolen through fraud in the UK last year, payment scams (or authorised push payment fraud or APP scams)

Banks 52
article thumbnail

Marriott Bonvoy Bold, Boundless Cards Tweak Bonus Offers

Nerd Wallet

Melissa Lambarena writes for NerdWallet. Email: mlambarena@nerdwallet.com. Twitter: @LissaLambarena. The article Marriott Bonvoy Bold, Boundless Cards Tweak Bonus Offers originally appeared on NerdWallet.

72
article thumbnail

Six Steps to Growth in a Global Economic Squeeze

Fico Collections

Home Blog FICO Six Steps to Growth in a Global Economic Squeeze Learn how banks and other financial institutions can use personalization to drive growth in spite of global economic uncertainty FICO Admin Thu, 12/19/2019 - 16:29 by TJ Horan Vice President, Product Management expand_less Back To Top Thu, 02/09/2023 - 12:30 Right now, we’re all wrestling with the squeeze on household incomes and rising inflation.

article thumbnail

The Guide to Alaska 100K

Nerd Wallet

JT Genter writes for NerdWallet. Email: travel@nerdwallet.com. The article The Guide to Alaska 100K originally appeared on NerdWallet.

71
article thumbnail

Agent Tooling: Connecting AI to Your Tools, Systems & Data

Speaker: Alex Salazar, CEO & Co-Founder @ Arcade | Nate Barbettini, Founding Engineer @ Arcade | Tony Karrer, Founder & CTO @ Aggregage

There’s a lot of noise surrounding the ability of AI agents to connect to your tools, systems and data. But building an AI application into a reliable, secure workflow agent isn’t as simple as plugging in an API. As an engineering leader, it can be challenging to make sense of this evolving landscape, but agent tooling provides such high value that it’s critical we figure out how to move forward.

article thumbnail

Is ChatGPT the Weight Loss Wonder Drug of AI?

Fico Collections

Home Blog FICO Is ChatGPT the Weight Loss Wonder Drug of AI? ChatGPT isn’t assisting or enhancing human creativity, it is regurgitating a configuration of the AI data it was trained on FICO Admin Tue, 07/02/2019 - 02:45 by Scott Zoldi Chief Analytics Officer expand_less Back To Top Thu, 02/09/2023 - 16:00 An AI chatbot that can pass the content an exam given by a Wharton business school professor.

article thumbnail

5 Things to Know About the Cerulean Credit Card

Nerd Wallet

Melissa Lambarena writes for NerdWallet. Email: mlambarena@nerdwallet.com. Twitter: @LissaLambarena. The article 5 Things to Know About the Cerulean Credit Card originally appeared on NerdWallet.

69
article thumbnail

Supreme Court rules 9-0 that bankruptcy filers can’t avoid debt incurred by another’s fraud

Collection Industry News

The Supreme Court in a unanimous decision Wednesday ruled that a California woman could not use U.S. bankruptcy code protection to avoid paying a $200,000 debt that resulted from fraud by her partner. The court said that the woman, Kate Bartenwerfer , owed the debt even if she did not know about her husband David’s misrepresentations regarding the condition of a house when they sold it to San Francisco real estate developer Kieran Buckley for more than $2 million.

article thumbnail

The Guide to Different Types of U.S. Passports

Nerd Wallet

Ramsey Qubein writes for NerdWallet. Email: travel@nerdwallet.com. The article The Guide to Different Types of U.S. Passports originally appeared on NerdWallet.

63
article thumbnail

Protect What Matters: Rethinking Finance Ops In A Digital World

Speaker: Cheryl J. Muldrew-McMurtry

Distributed finance teams are rewriting how the back-office runs, and attackers are taking notes. Disconnected workflows, process blind spots, and rising cyber threats are more than just growing pains—they’re liabilities. The challenge isn’t just going remote. It’s building resilient systems that protect accuracy, control, and speed across every transaction and touchpoint.

article thumbnail

Making the Most of the Chase Freedom Flex

Nerd Wallet

Craig Joseph writes for NerdWallet. Email: cjoseph@nerdwallet.com. The article Making the Most of the Chase Freedom Flex originally appeared on NerdWallet.

52