Sawin & Shea
MAY 5, 2021
Anyone on social media is bound to have seen numerous posts or crowdfunding pleas from friends or friends of friends who are faced with insurmountable medical debts. In fact, 8 million people have started a campaign for themselves or for a family member, and 12 million people have started a campaign for a friend or acquaintance. This is just the tip of the iceberg.
UK debt collections
MAY 4, 2021
The UK’s SME Businesses are suffering as a result of late payments. Covid-19 has fuelled the problem and many small businesses and medium sized enterprises are facing going bust. So when is it time for SME Owners to act? At what point do Business owners say ‘enough is enough’ The pandemic has caused many Small Business owners to avoid pushing for payment.
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Nerd Wallet
MAY 12, 2021
While you left your car parked for long stretches during the coronavirus lockdown, it might have had some unwelcome visitors: rats, mice, squirrels or even possums. These critters like building nests in cozy, dark, dry places and enjoy munching on the insulation of your engine’s wiring system, resulting in expensive repairs. But furry trespassers are.
Account Recovery
MAY 28, 2021
The owner of a Kentucky collection agency is facing up to 20 years in prison after pleading guilty to charges of wire fraud and tax evasion. Kevin Welsch, who owned and operated RCC Services, admitted to defrauding clients by collecting debts on behalf of creditors and keeping the money for himself. He also admitted to … The post Collection Agency Owner Pleads Guilty to Wire Fraud, Tax Evasion appeared first on AccountsRecovery.net.
Speaker: Debra L. Robinson
CPAs know the drill: taxes, compliance, rinse, repeat. But what about the sneaky cash flow that’s quietly messing with your organization’s success? It’s time to step into the spotlight and expose the “dirty little secrets” of cash flow to fuel strategic growth. By upskilling your accounting practices and shifting focus from tax compliance to the strategic movement of money, you can transform your role from reactive accountant to proactive financial strategist.
American Profit Recovery
MAY 28, 2021
If you are running a professional services firm or a consulting agency, we know that you are working closely with your clients and have far more interaction than other industries. This can include law firms, management consulting firms, marketing agencies, and others. Because you are constantly working on behalf of these clients, you’ve also built a working relationship.
Creditor Collections Today brings together the best content for creditors and collection professionals from the widest variety of industry thought leaders.
Nexa Collect
MAY 21, 2021
Health care providers, health plans such as insurers and HMOs, healthcare clearing-houses and any business entities using and disclosing “ individually identifiable health information ” during claims processing, billing, data analysis, and other operations, are governed by the HIPAA Privacy Rule. HIPAA laws ensure that patient’s data is kept safe from unauthorized access and data leaks.
Credit Corp
MAY 12, 2021
Do you have some big savings goals this year? Or maybe there are a few things you’d like to buy, but need to save up for first. Saving money isn’t impossible—but you do need to be smart. Wondering how to save for big purchases? Honestly, it depends on a lot. You have your own unique and personal needs, budget and financial situation. So what works for you might not work for someone else.
Nerd Wallet
MAY 12, 2021
This article provides information and education for investors. NerdWallet does not offer advisory or brokerage services, nor does it recommend or advise investors to buy or sell particular stocks or securities. It’s easy to think of micro-investing — the act of investing tiny amounts at a time, equivalent to putting spare change in the stock. Chris Davis writes for NerdWallet.
Account Recovery
MAY 28, 2021
For the second time in two months, Performant Financial Corp. has sold off some of its assets, this time selling parts of its business — including customer contracts — to Transworld Systems Inc. (TSI). Terms and specifics of the deal were not disclosed. Back in March, Performant announced it had sold some of its recovery … The post TSI Buys Assets From Performant appeared first on AccountsRecovery.net.
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.
American Profit Recovery
MAY 25, 2021
While running any type of small business can be stressful and cause business owners some type of anxiety, this past year during the coronavirus pandemic has caused more business owners and small business operators some of the hardest stress we have all seen in recent times. We worry about small business cash flow, hiring, and firing, regulations, permitting, community relations and so much more.
Enterprise Recovery
MAY 28, 2021
When LGBTQ+ entrepreneurs are making decisions about their business, are they considering the values of those partners and venture capitalists? A 2016 study revealed that 37% of LGBTQ+ founders did not out themselves to investors, afraid that it would affect their chances or feeling that their status was irrelevant. Things have changed in the five years since that study, with entrepreneurs getting more choosy about representation and values.
Nexa Collect
MAY 16, 2021
Have you mistakenly overpaid your contractor, and he is refusing to return that money? Did you sponsor higher education for your employee with a commitment to work with you for a few years, but he resigned right after completing the degree? Other circumstances where an employee can owe money to his employer include – excessive travel expenses claimed, misuse of company credit card, unreturned company equipment like a laptop, excessive reimbursement claimed, and overpaid salary.
Credit Corp
MAY 17, 2021
The American Rescue Plan Act is a federal law that was passed to help provide a third round of relief to Americans during the COVID-19 crisis. Like the two acts before it, the ARP Act included stimulus payments to many individuals and families. But those who are struggling with debt might wonder: Can my stimulus check be garnished for credit card debt or other money owed.
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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.
Nerd Wallet
MAY 20, 2021
Finding products to sell on Amazon is easy once you understand your sourcing options as an ecommerce seller. Wholesale products and made-to-order manufactured goods are what most startups and small businesses think of at first. However, these are just two of six very different methods when it comes to how to find products to sell on. Krista Fabregas writes for NerdWallet.
Account Recovery
MAY 28, 2021
BRIEFS IN SUPPORT OF HUNSTEIN PETITION START ROLLING IN Companies and organizations across the accounts receivable management industry are starting to line up behind the defendant in Hunstein v. Preferred Collection and Management Services, filing amicus briefs supporting the defendant’s petition for an en banc re-hearing before the entire Eleventh Circuit Court of Appeals.
American Profit Recovery
MAY 19, 2021
By Sabrine: We have all heard others mention the significance of looking forward to work every morning, rather than dreading it. A positive work environment and culture is the very thing that can make or break an employee. Studies have shown that although employees make a decent salary at a company, they often quit for no reason other than the work culture.
Enterprise Recovery
MAY 21, 2021
When starting a SaaS company, entrepreneurs begin with a unique idea to solve customer challenges. Customer Success ensures that the product is used successfully by those customers. This business practice ensures that customer churn is reduced and the customers become advocates for the brand. What are SaaS Customer Success best practices?
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.
Jimerson Firm
MAY 12, 2021
Stormwater management systems if managed correctly can greatly enhance the value and safety of a community. As community associations managers and governing boards are well aware, however, stormwater management systems can be expensive, and their operation and maintenance highly contentious. This blog provides an overview of what a stormwater management system is, the challenges associations face with respect to these systems, and the proactive measures association leaders should take to minim
Credit Corp
MAY 19, 2021
Overwhelmed with debt? Whether it’s unpaid credit card debt or medical bills, you might feel like you have nowhere to turn. In fact, you might be so desperate that you’re considering extreme tactics—like moving out of the country. If you’re seriously considering uprooting your life just to avoid debt, you probably have a few questions. How do you start over in a completely new place?
Nerd Wallet
MAY 5, 2021
The COVID-19 pandemic changed the way the world works, eats, communicates and, yes, how it travels. Over the course of the last year, we’ve seen a myriad of changes in the travel industry, from in-flight meal service adjustments to the outright banning of travel to certain regions, and everything in between. Even as the vaccine. Elina Geller writes for NerdWallet.
Account Recovery
MAY 27, 2021
GETTING TO KNOW BOBBIE BLUE OF RENKIM It’s always nice to see someone have the self-confidence to be able to point to someone else and say, “I wouldn’t be here if not for him/her.” Bobbie Blue is humble enough to give credit where it is due, and that is a large reason why he has … The post Daily Digest – May 27. Getting to Know Bobbie Blue; Defunct Agency Fined $500k appeared first on AccountsRecovery.net.
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Nexa Collect
MAY 6, 2021
If you own a business, you are likely looking for ways to be more efficient and save money every day. Whether it’s in how you operate, creating efficiencies, removing obstacles, settling deals, or in how you power your facilities, there are savings to be found. Especially when you consider switching to solar energy. Rooftop solar for homes has been around for decades, and likewise, there are many businesses that have adopted this clean, affordable, reliable way of powering the things they do eac
Enterprise Recovery
MAY 14, 2021
Accounts receivable refers to the amount due from customers for sales transactions using credit, financing, or regular timed retainer payments. When measuring and collecting A/R, your business gets a clearer view of dependable cash flow and has the data to make informed business decisions such as investments and hiring. To collect on past due receivables effectively, the sooner you're aware of non-payment, the more likely you can recover what's owed.
Fico Collections
MAY 24, 2021
Responsible AI has been one of my big topics for a few years now, the subject of many articles, blogs and talks I’ve given to audiences around the world. So how are companies faring in adopting Responsible AI, making sure they are using artificial intelligence ethically, transparently, securely and in their customers’ best interests? The short answer: not great.
Jimerson Firm
MAY 24, 2021
On many construction projects, the general contractor may be required to furnish a performance bond. That performance bond guarantees the completion of the prime contract if the general contractor defaults. A performance bond is a three-party contract between a surety (the party promising to be responsible if the principal fails to perform), the principal (the party who is performing the work—the general contractor), and the obligee (the party who is protected by the performance bond—the owner)
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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.
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