Account Recovery

JANUARY 7, 2022

Humberto Matz of Creditors Adjustment Bureau, Tom Claybaugh of Mountain States Commercial Credit Management, Inc., Board members include Pete Roth of CST Company, Fred Wasserspring of Lyon Collection Services, Inc., David Herer of ABC-Amega, Inc.,

Commercial Collection 246

Commercial Collection Collection Agencies Collections Agency Collections 246

Account Recovery

AUGUST 13, 2020

Jordan Akins and Robyn Bowman are the team behind Delta Credit Management, a collection agency based in Flint Township, Mich., that announced its opening this week.

Collection Agencies 242

Collection Agencies Collections Agency Credit Management Collections 242

Account Recovery

OCTOBER 16, 2020

ENCORE TO PAY $15M TO SETTLE CFPB LAWSUIT The Consumer Financial Protection Bureau yesterday announced it has settled a lawsuit it filed last month against Encore Capital Group and its subsidiaries, Midland Funding, Midland Credit Management, and Asset Acceptance Capital Corp.

Garnishment 246

Garnishment Credit Management 246

Qualco

OCTOBER 25, 2023

Modern organisations harness technology to gain insights and foster stronger relationships throughout the credit lifecycle. Artificial Intelligence and Machine Learning automate credit scoring, making loan approvals swifter and more accurate.

Credit Management 98

Credit Management Debt Recovery Retail Banks 98

On Guard

JANUARY 5, 2024

As we step into 2024, the landscape of credit management is undergoing a significant transformation. The looming issue of a Credit Manager shortage is not just a fleeting concern but a stark reality that businesses must address. This shift is crucial in an era where the Credit Manager shortage is increasingly palpable.

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Credit Management 52

On Guard

OCTOBER 9, 2024

This is what we attempted to explore in our latest research, entitled “ The future of credit management: AI and the role of the finance professional ”, deriving input from 30 interim professionals. What are the main areas for improvement with AI in credit management? AI in credit management: Hype or reality?

Credit Management 52

Credit Management 52

Consumer Finance

SEPTEMBER 7, 2020

and its subsidiaries, Midland Funding, LLC; Midland Credit Management, Inc.; Today the Consumer Financial Protection Bureau (Bureau) filed a lawsuit against Encore Capital Group, Inc. and Asset Acceptance Capital Corp.

Credit Management 84

Credit Management Debt collector Collections 84

Account Recovery

OCTOBER 4, 2024

Massachusetts Attorney General Andrea Joy Campbell has reached an agreement with Franklin Credit Management, a mortgage servicer, to resolve allegations of improper debt collection practices in The Bay State.

Foreclosure 246

Foreclosure Collections Credit Management Loans 246

On Guard

OCTOBER 19, 2023

Credit management has undergone a significant transformation in recent years. Whereas credit management was previously seen as the back office’s grab-can, today it is an essential part of an organisation’s financial strategy. But data-driven working within credit management is not easy to achieve.

Credit Management 52

Credit Management Creditworthiness Collections 52

On Guard

OCTOBER 31, 2023

Credit management, a term often associated with the finance department, turns out to be a dynamic process involving several departments within an organisation. Let’s face it, manual credit checks and invoice processing can be time-consuming and error-prone. Think sales, marketing, customer success and IT.

Credit Management 52

Credit Management Creditworthiness Collections 52

Account Recovery

SEPTEMBER 8, 2020

and its subsidiaries, Midland Funding, LLC, Midland Credit Management, Inc., The Consumer Financial Protection Bureau today filed a lawsuit against Encore Capital Group, Inc. and Asset Acceptance Capital Corp.,

Law Firms 200

Law Firms Credit Management 200

CICM

MAY 24, 2023

But, when his manager asked about anything he would like to study, he found us – the Chartered Institute of Credit Management. However, with the support of his manager, he never looked back and “ Everything changed ”. He says that, for school leavers, Credit Management is a career where you have no limitations.

Credit Management 52

Credit Management Banks Collections 52

CICM

MAY 24, 2023

But, when his manager asked about anything he would like to study, he found us – the Chartered Institute of Credit Management. However, with the support of his manager, he never looked back and “ Everything changed ”. He says that, for school leavers, Credit Management is a career where you have no limitations.

Credit Management 52

Credit Management Banks Collections 52

On Guard

APRIL 28, 2023

Using credit management software makes it possible to bring together all customer information and generate a comprehensive customer profile. Read further and discover how Visma | Onguard’s credit management solution can help your organisation streamline its customer journey. Credit management software solutions 4.

Credit Management 52

Credit Management Debtor Creditworthiness Collections 52

CICM

JUNE 6, 2023

However, if you are interested in the world of business and finance, an apprenticeship in credit management could be an excellent option for you. In this blog, we’ll delve into why you should seriously consider making an apprenticeship in credit management your next move. An apprenticeship is a great way to find yours!

Credit Management 52

Credit Management Education Debt Recovery Collections 52

JMA

FEBRUARY 23, 2022

Read more » The post Better Credit Management = Less Bad Debt appeared first on JMA Credit Control. That’s because they impact cash flow, which can impact the overall performance of the business as resources are stretched. No matter the size.

Credit Management 10

Credit Management 10

On Guard

JULY 25, 2024

2 Three main challenges to technology in credit management Although new technologies -such as AI, RPA and blockchain- are on the rise within the finance department, implementation does not always go smoothly: 28% of finance professionals state that their team lacks the skills and/or knowledge to implement the technology.

Credit Management 52

Credit Management Accounts Receivables Management Collections 52

CICM

NOVEMBER 6, 2023

Why Accounting Matters to Credit Professionals Accounting and credit management are closely interconnected, with the principles of accounting providing the foundation for effective credit management strategies. The course covers the core accounting principles essential for effective credit management.

Credit Management 52

Credit Management Creditworthiness Collections 52

CICM

AUGUST 14, 2023

To celebrate, here are 13 Best Practices in Credit Management and Collections. Have a Credit Policy Emphasise the importance your business places on managing financial risk by setting out your policies and procedures in a Credit Policy , which is made available to all staff. Be Proud Last, but definitely not least.

Credit Management 52

Credit Management Collections Creditworthiness Collection Agencies 52

Enterprise Recovery

SEPTEMBER 17, 2021

Within an accounting department, a credit manager's job is to determine the creditworthiness and credit risk of clients. Here are best practices for creating a business credit policy.

Creditworthiness 185

Creditworthiness Credit Management 185

On Guard

SEPTEMBER 12, 2024

For example, over half of finance professionals in the Netherlands (55,5%) expect the role of the credit manager to focus more on strategic advice and less on operational tasks in the coming years. Key findings: 51,8% of respondents say the future of credit management lies in further integration of AI and Machine Learning.

Credit Management 52

Credit Management 52

On Guard

DECEMBER 1, 2022

Using credit management software makes it possible to bring together all customer information and generate a comprehensive customer profile. Read further and discover how Visma | Onguard’s credit management solution can help your organisation streamline its customer journey. . Credit management software solutions.

Credit Management 52

Credit Management Debtor Creditworthiness Collections 52

On Guard

MAY 31, 2023

Onguard asked over three hundred Dutch CFOs, finance managers and finance staff how economic uncertainty is affecting their organisation’s credit management and how they are coping with the challenges involved. The survey involved 311 respondents working as CFOs, in finance management or as finance professionals.

Credit Management 52

Credit Management Loans 52

On Guard

MAY 31, 2023

Onguard asked over three hundred Dutch CFOs, finance managers and finance staff how economic uncertainty is affecting their organisation’s credit management and how they are coping with the challenges involved. The survey involved 311 respondents working as CFOs, in finance management or as finance professionals.

Credit Management 52

Credit Management Loans 52

On Guard

APRIL 13, 2023

Onguard asked over three hundred Dutch CFOs, finance managers and finance staff how economic uncertainty is affecting their organisation’s credit management and how they are coping with the challenges involved. The survey involved 311 respondents working as CFOs, in finance management or as finance professionals.

Credit Management 52

Credit Management Loans 52

CICM

JULY 17, 2023

So what are the predictions for the credit management and collections industry for 2024? More Technology One of the most significant trends in the credit management and collections industry is the increased use of technology.

Credit Management 52

Credit Management Collections Creditworthiness Government 52

On Guard

AUGUST 9, 2023

Which FinTech technologies are transforming the credit management process? Digital transformations: the future of credit management Big data & AI Expectations of big data and artificial intelligence (also known as artificial intelligence or AI) have been high for years.

Credit Management 52

Credit Management Retrieval Debtor Creditworthiness 52

Account Recovery

OCTOBER 15, 2020

The Consumer Financial Protection Bureau today announced it has settled a lawsuit it filed last month against Encore Capital Group and its subsidiaries, Midland Funding, Midland Credit Management, and Asset Acceptance Capital Corp. The companies will repay consumers nearly $80,000 and pay a civil fine of $15 million.

Credit Management 173

Credit Management Judgment 173

On Guard

MAY 16, 2023

This makes for a challenging time for credit management staff. For one in five (18%) organisations, the uncertain economic conditions create challenges in improving credit management. A healthy DSO In a good approach to credit management, having a healthy DSO is crucial.

Credit Management 52

Credit Management Collections 52

JMA

NOVEMBER 30, 2022

Cash flow is king in any business of any size, Read more » The post Why a Solid Credit Management Strategy is Vital for Your Business appeared first on JMA Credit Control. For small businesses in particular, if a customer doesn’t pay on time, it can have catastrophic effects.

Credit Management 52

Credit Management 52

On Guard

FEBRUARY 4, 2022

In a previous blog just over three years ago, we discussed then-nascent technology – including artificial intelligence (AI) and Robotic Process Automation (RPA) – and its potential to shake up the credit management process for suppliers. Together, big data and AI can be particularly powerful credit management tools.

Credit Management 52

Credit Management Collections 52

On Guard

MAY 24, 2023

This starts with credit management. A credit controller or credit manager can therefore make a business case for their organisation to invest in these tools. In short, live and up-to-date data are crucial for credit risk management and can save businesses.

Credit Management 52

Credit Management Creditworthiness Debtor Trade 52

On Guard

MAY 24, 2023

This starts with credit management. A credit controller or credit manager can therefore make a business case for their organisation to invest in these tools. In short, live and up-to-date data are crucial for credit risk management and can save businesses.

Credit Management 52

Credit Management Creditworthiness Debtor Trade 52

On Guard

MAY 24, 2023

This starts with credit management. A credit controller or credit manager can therefore make a business case for their organisation to invest in these tools. In short, live and up-to-date data are crucial for credit risk management and can save businesses.

Credit Management 52

Credit Management Creditworthiness Debtor Trade 52

On Guard

DECEMBER 18, 2024

Trends in credit management #2: The credit manager shortage remains A combination of an ageing workforce and the perception of credit management as a reactive, administrative role has deterred new entrants and heightened the demand for hybrid skills combining financial expertise and technological proficiency.

Credit Management 52

Credit Management Accounts Receivables Management Bankruptcy Government 52

On Guard

OCTOBER 29, 2024

Relatively little has changed over the past 25 years in the credit management profession. Initiated in October 2024, Onguard University is a series of events that gives the stage to a different credit management expert every time. A turnover increase creates pressure on the Credit Management department.

Credit Management 40

Credit Management 40

Account Recovery

JULY 24, 2023

Midland Credit Management has announced it is moving its office in St. Cloud, Minn., to a newly renovated facility on the second floor of an old department store. About 150 employees will be moving to the new office, which is expected to improve the company’s visibility and access to downtown, St.

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Credit Management 130