Overview

It often becomes necessary in a collections employee’s career to process a lien. A delinquent customer has not paid its bills in over three months. A business owes your company thousands of dollars… Read More

By Mark Luber - It is time for the collections industry to embrace the future and adopt new models. These models must properly assess debtors, review their situations, and anticipate the likelihood… Read More

An accounts receivable employee’s primary responsibility is to secure the assets of the company. To this end, it is often necessary to create or process a lien—a form of security over an item of… Read More

By Tom Gillespie - Have you given any thought to setting realistic goals for collection agencies that you entrust to collect your overdue accounts? Only about 10 percent of the creditors I have… Read More

By Tom Gillespie All companies need to collect their Accounts Receivables to be successful. But that becomes difficult if we start treating our customers as delinquents or write-offs, which is

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The invoice process puts a drain on a company's cash flow. If a company experiences a cash-flow problem and cannot obtain a bank loan or credit extension, the organization has several options from

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Johnny White, Esq. Not much needs to be said about the benefits of a personal guaranty to a credit or AR manager. For all the U.S. bankruptcy system has to recommend it, it is brutally unfair to

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The decision to turn an account over to a third-party collection agency is one AR and credit pros weigh very carefully. One reason is the likelihood of damaging the business relationship. Another is

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Right along with muffin top,1 fist bump,2 and m-commerce,3 this year social media and tweet officially entered the English language. The words were among more than 150 others added to Merriam… Read More

Get a jump on your competitors in global markets by offering documentary collections terms to customers. These terms offer a mid-level of risk between open account and letter of credit. With credit… Read More