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Effective communication can solve many challenges in a business of any size. In fact, it is a mission-critical component of any type of business. Whether it’s internal or external communications, every business needs to make this a priority. When it comes to cash flow in an organization, this is a critical area where strong communication is key, and consistent communication can make a difference.
I was told yesterday by someone I trust that a lot of companies in the accounts receivable management industry have firewalls from a company called FortiGate. If you do not know who your firewall provider is, you may want to take a second and check.
A staggering £218 million is owed in unpaid ULEZ fines in London, according to official figures. A Freedom of Information (FOI) request revealed that more than 1.3 million penalty charges (PCNs) were issued from September 2023 to April 2024. But Transport for London (TfL) admitted that over 70% of the fines have remained unpaid. The transport authority also revealed that one driver had received over 200 fines for a single non-compliant vehicle, but hasn’t yet paid a penny of the £47,682 th
Getting to Know Scott Weltman of Weltman, Weinberg & Reis Judge Dismisses Suit Alleging Wrongful Garnishment and Improper Service of Summons Popular Firewall Provider Breached, Requires Completely Re-Formatting Device to Fix Wisconsin Org.
AI is reshaping industries, yet finance remains one of the slowest adopters. Concerns over compliance, legacy systems, and data silos have made finance teams hesitant to embrace AI-driven transformation. But delaying adoption isn’t just about efficiency—it’s about staying competitive in a rapidly evolving landscape. How can finance leaders overcome these challenges and start leveraging AI effectively?
Debt collection can be a tricky business. Many people owe money, but not everyone can pay it back on time. Using empathy can make a big difference. When debt collectors understand a person’s situation, they can offer better solutions. This helps collect the money owed and builds trust. Imagine a debt collector who listens and helps rather than just demands payment.
I am thrilled to announce that the Getting to Know series will be sponsored by TEC Services Group in 2024. TEC Services Group is the leading technology and professional services firm in the credit collections industry offering both leading industry solutions along with unrivaled, unbiased, and experienced support.
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Creditor Collections Today brings together the best content for creditors and collection professionals from the widest variety of industry thought leaders.
I am thrilled to announce that the Getting to Know series will be sponsored by TEC Services Group in 2024. TEC Services Group is the leading technology and professional services firm in the credit collections industry offering both leading industry solutions along with unrivaled, unbiased, and experienced support.
In Florida, persons and entities that perform work on a construction project may be entitled to record a construction lien. Chapter 713 of the Florida Statutes governs the recordation and perfection of construction liens and contains many traps for the unwary. Moreover, Florida courts have consistently ruled that Florida Construction Lien law is to be strictly construed and strict adherence to it is an absolute condition precedent to a party seeking affirmative relief under Chapter 713.
A District Court judge in Ohio has granted a defendant’s motion to dismiss in a case involving allegations of wrongful garnishment and violations of the Ohio Consumer Sales Practices Act (CSPA). The plaintiff claimed that the defendant wrongfully obtained a default judgment and garnished her wages based on incorrect service of process and that her wages were exempt from garnishment under Ohio law.
Credit card debt hit a record high of $930 billion for Americans in the final quarter of 2019, according to the latest data from the Federal Reserve Bank of New York released on Feb. 11. That’s a $46 billion increase in credit card balances from the prior quarter and up an alarming $57 billion over the same period in 2018. The Fed’s report sheds light on the growing debt issue in America and the increased risk facing younger consumers.
To address a spike in the number of default judgments against consumers who are sued for unpaid debts, an organization in Wisconsin that is dedicated to helping low-income residents of the state get access to legal services has released a new resource that helps consumers respond and file answers to debt collection suits.
Finance isn’t just about the numbers. It’s about the people behind them. In a world of constant disruption, resilient finance teams aren’t just operationally efficient. They are adaptable, engaged, and deeply connected to a strong organizational culture. Success lies at the intersection of people, culture, adaptability, and resilience. Finance leaders who master this balance will build teams that thrive through uncertainty and drive long-term business impact.
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