How satisfied are you with your collections solution? The 9 key questions
Qualco
JUNE 10, 2019
June, 2019
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Continuous Change: 4 Lifelines
Receivables Control
JUNE 17, 2019
Keeping up with continuous change is exhausting! If you are in the credit industry, you know that most credit professionals work in pressure-filled environments with constant requirements to accomplish more with less resources. It’s always something; whether it’s consolidating operations to a central locale or software and operating systems’ updates.
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How a Debt Collection Agency Can Help Your Cash Flow
Credit Management Company
JUNE 4, 2019
Insufficient cash flow is a financial problem that all companies experience at one time or another. Everything from waste and inefficiency to poor sales and conversions can cause this problem, but the failure of clients or customers to pay what they owe is a unique issue with a clear and effective solution: professional debt collection. Lack of payment from products and services already delivered can make it very difficult to continue doing business, so it's the responsibility of debt collection
Collections as an Extension of Customer Service
C2C
JUNE 18, 2019
Developing positive relationships with your customers will foster success for your business. This philosophy should also extend to the collection of payments. Viewing your collection process as a customer service asset will help your business maintain positive relationships and consequently. Read More » The post Collections as an Extension of Customer Service appeared first on C2C Resources Commercial Debt Collection Agency.
Solve Your Firms Automation Complexities Once and For All
Speaker: Mark Stovel
When it comes to automating, many firms focus on finding the latest tech, believing that efficiency is something achieved through new tools. Yet true efficiency is achieved by delivering real value to clients, not merely by upgraded systems. Without a clear approach, no level of automation can overcome the complexities of serving every client’s needs.
Dear Debt, The Fun is Over
Dear Debt
JUNE 12, 2019
Hey debt fighters! We have another dear debt letter from Erin! Erin Salazar is a member of the Money Makers Academy and has been working diligently to organize and pay… Related Posts: Blog. Dear Debt, I Will Never Be Yours Again. Dear Debt, You Almost Killed Me. Dear Debt, I Am Enough. Dear Debt, Goodbye Old Friend. The post Dear Debt, The Fun is Over appeared first on DEAR DEBT.
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Public Trust: Stay Away from Open Wifi Networks
NCBA Law Practice Management Blog
JUNE 25, 2019
In a recent episode of pop culture phenomenon ‘ Game of Thrones ’, a stray Starbucks cup showed up on a table in a medieval castle. This, among other things, has negatively affected Game of Thrones’ critical reception for its last season. But, that’s nothing compared to the personal hit that your reputation could take if you rely on Starbucks wifi to access confidential client materials online.
6 Tips to Find the Best Debt Recovery Agency
Credits Inc
JUNE 19, 2019
Current reports show that debt recovery agencies recovered more than $78 billion in 2016. The number is a clear indication that the services offered by debt collection service companies works and you should try if your debtors have exceeded the payment period that you had agreed upon. However, not all debt collection services work, which means you have to get a company that works for your interests and is ready to recover your debts.
How to Best Schedule Your Invoices
C2C
JUNE 5, 2019
The amount of time it takes to get paid will vary by industry and on the payment terms that were agreed to in the credit agreement. If you switch from Net-30 to Net-15 you will obviously receive payment quicker. Yet, Read More » The post How to Best Schedule Your Invoices appeared first on C2C Resources Commercial Debt Collection Agency.
Top 3 Banking Secrets to Stay Relevant with Gen Z Consumers
Speaker: Brian Muse-McKenney, Chief Revenue Officer & Matt Simester, Cards and Payments Expert
In today’s world of social media, dating apps, and remote work, businesses risk becoming irrelevant (or getting "ghosted") if they fail to meet the evolving needs of Gen Z consumers. Credit cards with flexible payment options, especially for young adults with little-to-no credit history, are a particularly important and valuable solution for this generation.
To Arbitrate or Not to Arbitrate, That is the Question: Enforcing Arbitration Clauses in Bankruptcy
BN Lawyers
JUNE 18, 2019
The Federal Arbitration Act, 9 U.S.C. §§ 1-307, represents a federal policy in favor of enforcing arbitration clauses. The Supreme Court has held that courts are generally obligated to enforce arbitration clauses absent a countervailing federal statute. Shearson/Am. Express, Inc. v. McMahon, 482 U.S. 220, 226 (1987). However, this policy inevitably comes into conflict with the Bankruptcy Code, which is grounded on a policy of centralized dispute resolution.
Jun 19, How to Remove Yourself as a Cosigner From a Loan
Debt Collection Answers
JUNE 19, 2019
If you've cosigned a loan for someone you may have discovered the debt affects your credit--even if it's paid on time. And if it's not, you're in trouble. Can you get yourself taken off the loan?
Comment on This Is How a 3-Second Pause Kills Live Contact and Invites a Lawsuit by Mamie
Arbeit Software
JUNE 14, 2019
Good day! I could have sworn I’ve been to this blog before but after. going through many of the posts I realized it’s new to me. Regardless, I’m certainly delighted I discovered it and I’ll be book-marking it and checking back regularly!
Tracking Shot: How Do You Manage Your Law Firm Expenses?
NCBA Law Practice Management Blog
JUNE 15, 2019
You know that to effectively manage your law firm finances that you need to create revenue projections, to establish goals for what you want to make.? You also understand that in order to establish revenue projections in a coherent way, you have to establish a figure for your overhead, i.e. — the costs that go into running your law firm.? Of course, you are acutely aware that your costs to operate equal business expenses, and that some of those business expenses, the larger ones (like malpractic
How Collection Agencies Minimize Effort and Maximize Results with the Right Software
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Navigating collections in the dynamic financial landscape presents multifaceted challenges. Organizations face pressures to maintain standards alongside software challenges like regulatory adaptations, data integration, security, workflow optimization, and automation. Finding the right software can save time and money. BEAM offers a comprehensive solution with specialized modules to streamline debt collection effortlessly.
Benefits of Accounts Receivable Debt Collection Through an Agency
Credits Inc
JUNE 13, 2019
In the normal course of doing business, there are times that you have to deal with invoices that run due. When this happens, there is a need to try several ways to ensure that the funds owed are recovered. In the year 2017 the registered number of debt collectors here in the U.S. was 8513. Debt recovery should be done as soon as possible to ensure that business does not experience challenges with running their operations.
A Good Collection Agency
Taurus Collect
JUNE 5, 2019
Let’s go straight in on this one, because we know what makes a good collection agency. (yes, even if we do say so ourselves!). So here are 5 tips to choose a good collection agency for your business: Reputation & trustworthiness – always look for an agency with at least 5 years of trading history. A lot of collection agencies set-up then disappear within a year or 2.
Every Rose Has Its Thorn: Involuntary Bankruptcy Petitions
BN Lawyers
JUNE 12, 2019
On April 16, 2019 ruling in the U.S. Bankruptcy Court for the Northern District of Texas in the case of In re: Essential Financial Education, Inc. held that an involuntary bankruptcy petition filed under 11 U.S.C. §303 may not dismissed when it serves a legitimate purpose and is not merely an extension of a two-party dispute. The Essential Financial Education, Inc.
Jun 10, How This Couple Stays Out of Debt
Debt Collection Answers
JUNE 10, 2019
While in physical therapy for my broken hand, I learned my therapist also taught budgeting classes on the side! Brad and his wife Kimberly are committed to staying out of debt. I'm so honored to share their story. I hope it helps you too!
From Complexity to Clarity: Strategies for Effective Compliance and Security Measures
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.
Comment on This Is How a 3-Second Pause Kills Live Contact and Invites a Lawsuit by Mamie
Arbeit Software
JUNE 14, 2019
Good day! I could have sworn I’ve been to this blog before but after. going through many of the posts I realized it’s new to me. Regardless, I’m certainly delighted I discovered it and I’ll be book-marking it and checking back regularly!
Virtual Reality: Did You Know You Already Run a Virtual Law Firm?
NCBA Law Practice Management Blog
JUNE 10, 2019
Most lawyers think of ‘virtual law practice’ as an all-in sort of thing: Either you’re completely virtual, or you’re not virtual at all. Only, that’s not the case. Even virtual law practices intending to be totally virtual don’t ever really get there. For one thing, law firms (due in part to jurisdictional limitations) are almost always physical entities, in some sense, even if the physical entity is a home office and the physical network is a limited number of local referral sources.
Jun 5, Will the 50/30/20 Budget Work For You?
Debt Collection Answers
JUNE 5, 2019
In her book All Your Worth: The Ultimate Lifetime Money Plan, Elizabeth Warren popularized the 50/30/20 budget plan. Will it work for you? In this interview with Kiplinger reporter Pat Mertz Esswein we talk about this popular budget plan.
Change the Channel: Get Your Social Media Profiles Up and Running
NCBA Law Practice Management Blog
JUNE 1, 2019
Modern law firm consumers seek out and engage with law firms in new ways. Younger law firm customers, especially, look less and less to other persons for referrals -- which in-person referrals have traditionally driven law firm revenue -- but, they’re not necessarily searching exclusively on Google any longer, either. With the rise of mobile search, many modern legal consumers are performing ‘in-app’ searches for professional services -- such that, if they want to find a lawyer, they’re going di
When It Comes to Collections Software, “Good Enough” Isn’t Good Enough
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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.
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