Enterprise Recovery
MAY 8, 2020
Employers and organizations are beginning to move into a new normal after the COVID-19 pandemic response affected their businesses. With lockdown orders lifted and the phased approach to reopening, business owners and executives are seeking out ways to ramp up business quickly and keep their employees safe. Many companies furloughed or laid off staff and will be running at reduced staff levels for a period of time.
Prosperity Now
MAY 21, 2020
The disproportionate contraction of COVID-19 within the Navajo Nation is just one more indicator of the challenges and vulnerabilities that
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Titan Consulting
MAY 24, 2020
Key Takeaways. Your credit score doesn’t measure your financial worth, or necessarily your level of financial responsibility. Your credit score only measures your ability to manage debt. Credit bureaus measure variables related to your debt like the total amount of your debt, if you make your debt payments on time, how long you have been paying on debt obligations and how much debt you are servicing relative to how much potential debt has been extended to you.
The Kaplan Group
MAY 19, 2020
No matter what kind of business you run, the current pandemic is probably testing your leadership skills. Whether your business has gone online, or is still physically open, you are handling new expectations, rules, and staff concerns. Research shows that one of the qualities that most helps leaders remain effective in a crisis is mindfulness. Mindfulness has been a buzz word in popular culture and in leadership training for a few years now.
Speaker: Erika R. Bales, Esq.
When we talk about “compliance and security," most companies want to ensure that steps are being taken to protect what they value most – people, data, real or personal property, intellectual property, digital assets, or any other number of other things - and it’s more important than ever that safeguards are in place. Let’s step back and focus on the idea that no matter how complicated the compliance and security regime, it should be able to be distilled down to a checklist.
Re:Ceeve
MAY 29, 2020
We have recently hired and are happy to welcome Sergio Schüler to the team at re:ceeve. He joins us to run product management and to play an important role in connecting the sales and marketing side of the business, our customers, as well as development with one another. His role is critical in making sure that everything flows together around our product to allow us to deliver the best solution to our customers.
Creditor Collections Today brings together the best content for creditors and collection professionals from the widest variety of industry thought leaders.
Enterprise Recovery
MAY 29, 2020
If you regularly bill clients, you have likely had the experience of chasing down money. It's frustrating, uncomfortable and a little intimidating. Now add in a global pandemic, climbing unemployment statistics and the amount of small businesses closing shop and suddenly, asking for what's owed to you can be downright worrisome. Let's take a step back and consider a new way of dealing with outstanding or overdue invoices, shall we?
Prosperity Now
MAY 20, 2020
For weeks, jobless rates have sky-rocketed and economic activity has contracted as businesses struggle to stay afloat during the COVID-19
Titan Consulting
MAY 17, 2020
Key Takeaways: Over 50 Million American lack a credit score or adequate credit history that can be used to grant credit. If you are trying to establish credit for the first time, or just rebuild your credit after a financial hardship, non-traditional data sources may be helpful in establishing or improving your credit score. Several services now exist to help you establish a credit score or improve a poor credit score using non-traditional payment data such as rent, utilities and bank deposit ba
C2C
MAY 6, 2020
The pandemic has drastically changed the business landscape in only a matter of weeks. Millions of businesses are being forced to close, operate at reduced capacity, or have their employees work remotely. While current conditions might have some staff overwhelmed, Read More » The post 3 Ways to Spend Extra Time During the Shutdown appeared first on C2C Resources Commercial Debt Collection Agency.
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Are you finding some snags in your collections process? 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. Learn how MeridianLink® Collect has helped financial institutions like yours streamline collections processes.
Re:Ceeve
MAY 28, 2020
How can a business continuously improve its collections processes and further grow? How can one implement fast, new solutions to clients? We answered these questions together with the team at ?Ferratum? - who we proudly have as our first large customer. re:ceeve and Ferratum Group. We were introduced to Ferratum through one of our business angels who was acquainted with their CEO. ?
Receivables Control
MAY 11, 2020
During the last couple of weeks, states across the United States began to relax restrictions that were implemented to curb the spread of Covid-19. Below is a snapshot of what the various states are doing to reopen. This list was created on May 11, 2020 and it is subject to change quickly as the health, economic, and political landscapes continue to change rapidly.
UK debt collections
MAY 28, 2020
An English Court has ordered an ex-Football Club boss to repay a Debt order issued by a Dubai Court. The Court ruling made in Dubai ordered David Haigh to re-pay millions of pounds in cash he was convicted of siphoning from an investment company in the UAE. David Haigh was convicted in 2015 by Courts in Dubai for a breach of trust. It was found that he embezzled almost £4m in funds from his previous employer GFH Capital Ltd.
Direct Recovery
MAY 10, 2020
Planning for a financial crisis isn’t one of the first things that come to mind when someone starts their own business, but at various times over the past few years, it has been something that millions of business owners wish they had spent more time thinking about. Most people who struggle through a financial crisis will tell you that they never saw it coming, so with that in mind, the best way to be sure that you are preparing your business to survive the next one is to always be ready for the
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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.
PDC Flow
MAY 19, 2020
Share this Article Today’s post is a guest blog written by Mary Shores , agency owner of Midstate Collection Solutions. The coronavirus has touched every one of us in some way and caused a great amount of fear and uncertainty. At the same time, it has required us to isolate ourselves, which means the need for true human connection has never been greater. .
Debt Guru
MAY 30, 2020
In today’s virtual-reliant world, much of our day-to-day business takes place in Cyberspace. But banking and financial transactions might still make you leery. Whether it’s your monthly credit card or mortgage bill, your regular bank account statement, your quarterly 401(k) update, or another financially sensitive document, some of us prefer the piece of paper delivered to our mailbox.
Titan Consulting
MAY 3, 2020
Key Takeaways. All three for-profit credit reporting agencies, Experian, Equifax and Transunion compile and report consumer credit and debt payment activity and sell this consumer information to lenders seeking to grant credit. It is always a good idea to check what is being reported on your credit file from each agency as each agency may report differently.
Fraser
MAY 28, 2020
Governor Whitmer’s various Executive Orders (“EOs”) have transitioned from shut-down to phased reopening. Those multiple EOs make the reopening process confusing. This article summarizes the requirements to permissible recall office workers for work outside of their own homes. However, the actual requirements are lengthy and all must be met by the employer.
Speaker: Lynnette Khalfani-Cox, The Money Coach®
Niche markets represent a huge opportunity for the financial services industry in America. From college students and women to communities of color and low-to-moderate-income households, niche populations have specialized financial needs – but they often underutilize many valuable financial products and services. How can you better connect with these consumers?
UK debt collections
MAY 21, 2020
The Government has introduced the Corporate Governance and Insolvency Bill in Parliament, which will put in place a series of measures to amend insolvency and company law to support business and to address the challenges resulting from the impact of coronavirus (COVID-19). The Bill consists of 6 insolvency measures and 2 corporate governance measures.
Arbeit Software
MAY 8, 2020
Amy Perkins, president at insideARM , had been working from home long before the COVID-19 pandemic began, but that doesn't mean shes immune to the challenges of working remotely.
PDC Flow
MAY 26, 2020
Share this Article It has been a few months since companies transitioned their staff out of offices. By now, the immediate struggles of changing on-site employees into remote workers have been resolved. Now, healthcare collections and other accounts receivable businesses are starting to realize that managing remote staff may be a long term necessity. .
Debt Guru
MAY 14, 2020
Keeping on top of your personal finances requires a lot of energy. But today, your financial organization can be at your fingertips … literally. As close, in fact, as your cellphone. With mobile banking on the rise, a wave of financial apps has emerged as the convenient way to monitor and track your finances. Use these tools in virtually every aspect of your personal finances.
Speaker: William Hord, Vice President of ERM Services
A well-defined change management process is critical to minimizing the impact that change has on your organization. Leveraging the data that your ERM program already contains is an effective way to help create and manage the overall change management process within your organization. Your ERM program generally assesses and maintains detailed information related to strategy, operations, and the remediation plans needed to mitigate the impact on the organization.
Debtor Daddy
MAY 27, 2020
Accounts Receivable (AR) is a relatively small cog in your business machine but it carries with it an outsized cost if mismanaged. Conversely, if managed well it offers an outsized benefit to a business in the form of predictable cash flow and predictable customer experience. No surprises. You’re happy, your team is happy and your customers are happy.
JMA
MAY 28, 2020
Don’t let a good business relationship turn sour because of debt — what do you have to do when the need arises? Customer Conundrum Every business has encountered this scenario in one way or another – that of having good customers with a proven track record with your company but is not able to pay. Read more » The post What To Do When A Good Customer Incurs Bad Debt appeared first on JMA Credit Control.
UK debt collections
MAY 15, 2020
Seven staff at a Debt Collection Call Centre in Lancashire have tested positive for Covid-19 after employees were ordered to return to work. Preston based Debt Collection firm Akinika had originally closed its doors on the 11th May after a member of staff had tested positive on Saturday the 9th with the Coronavirus. The closure was for a “deep clean” of the Premises after telling staff that a fellow employee had tested positive.
Sawin & Shea
MAY 26, 2020
Transcript. Hi, I’m Andrew Sawin, an attorney at Sawin and Shea Bankruptcy Law Office. I’m here to talk to you today about repossessions. I know currently with this current COVID-19 crisis, many car lenders have voluntarily suspended repossessions. This is voluntary. There is no state mandate keeping them from repossessing cars. As you would expect, this is going to end sometime soon.
Speaker: Karl Camilleri, Cloud Services Product Manager at phoenixNAP
Did you know that 2021 was a record-breaking year for ransomware? The days of a “once in a while” attack against businesses and organizations are over. Cyberthreats have become a serious issue. With 495.1 million attacks, the threat marked a 148% increase compared to 2020 and was the most expensive year on record! As a result, data protection needs to be a concern for most banks, businesses, and information technology specialists.
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