Blog

Jul 8 2016 07, 2016

The Effects of DSO and DPO on Your Company’s Cash Flow

By | 2017-05-09T14:46:55+00:00 July 8th, 2016|Blog|0 Comments

  Even more than profitability, cash flow is the lifeblood of your company. Companies with strong cash flow are able to survive temporary periods of low profitability, but even the most profitable companies can’t survive when their cash flow situation turns negative. There are generally two types of cash flow problems: those caused by spending [...]

Jul 1 2016 07, 2016

Four Ways That Your Business Can Model the World’s Best AR Operations

By | 2017-05-09T14:47:03+00:00 July 1st, 2016|Blog|0 Comments

  Managing accounts receivable is one of the toughest aspects of business. Every business that extends credit to customers is going to run into trouble collecting from some of those customers at times. And sometimes, even businesses that don’t plan on extending credit find themselves in situations where customers end up owing them significant amounts. [...]

Jun 25 2016 06, 2016

Understanding the Differences with B2B Debt Collection

By | 2017-03-12T15:10:41+00:00 June 25th, 2016|Press|0 Comments

One of the most important factors in successfully collecting any outstanding debt is understanding all of the details that are affecting the situation. The type of debt, person responsible for the debt, and even the general economic conditions can all play a major factor in whether or not you are able to get paid. When [...]

Jun 15 2016 06, 2016

How to Collect on an Outstanding Promissory Note

By | 2017-05-09T14:47:11+00:00 June 15th, 2016|Press|0 Comments

Everything started out so well. You had a friend, relative, or client that seemed to be on the up-and-up, but cash was tight and they needed a little help. You had a little extra and saw an opportunity to make a bit more interest than the banks were offering. Then things took a turn for [...]

Jun 7 2016 06, 2016

Debt Collection in South Africa

By | 2017-05-09T14:47:22+00:00 June 7th, 2016|Press|0 Comments

As if debt collection wasn’t already hard enough, it gets even more difficult when you attempt to collect from customers internationally. In these situations, you have to respect the collection laws of the country you are attempting to collect in. Many times, that means that you have to first educate yourself about what those laws [...]

May 30 2016 05, 2016

Are Women More Vulnerable to Debt and Collection Issues?

By | 2017-05-09T14:47:30+00:00 May 30th, 2016|Press|0 Comments

For many of us living in 2016, we would like to think that the days of discrimination based on gender are way behind us. Unfortunately, the world is not quite the ideal place to live that we would like it to be. In the world of credit scores and debt collection, many women still have [...]

May 21 2016 05, 2016

Customizing Your Collection Approach to the Consumer

By | 2017-05-09T14:47:39+00:00 May 21st, 2016|Press|0 Comments

The debt collection industry can no longer treat consumers with the one-size-fits-all approach that it has utilized in the past. Between regulations like the Fair Debt Collection Practices Act and the evolution of the consumer and their ability to utilize technology, the industry has evolved and now requires a somewhat customized approach to each and [...]

May 12 2016 05, 2016

Debt Collection in Australia

By | 2017-05-09T14:47:48+00:00 May 12th, 2016|Press|0 Comments

There are very few things in the debt collection industry that are more complicated and confusing than international debt collection. As if dealing with all of the rules and regulations here in the United States isn’t enough, when you introduce another county into the mix, you also bring along their set of rules and regulations [...]

May 3 2016 05, 2016

Five Simple Tips for Dealing with Debt Collection from Seasonal Businesses

By | 2017-05-10T13:27:00+00:00 May 3rd, 2016|Press|0 Comments

Seasonal businesses like construction and landscaping can offer up one of the most tricky types of debt collection issues. No matter how much credit you have extended to a particular seasonal business, it can be awfully hard to collect any portion of that debt during their slow season. But their financial calendar also doesn’t have [...]

Apr 29 2016 04, 2016

Why Medical Debt is On the Rise and How to Get Paid Faster

By | 2017-05-10T13:27:19+00:00 April 29th, 2016|Press|0 Comments

A recent article from Forbes Magazine pointed out that Community Health Systems, one of the largest hospital chains in the country, had surprised investors by deciding to write off $169 million in bad debt. This is one of the most recent examples of a growing problem that is leaving many medical companies wondering how they [...]