Debt Collection Services for Media & Advertising Companies

When you work in the technology and software industries, collecting debts is more of a challenge than most would expect. Although collecting limited amounts of owed funds has become an acceptable standard for many B2B debt collections for tech operations, you can achieve better results. Altus is here to help you get more of your money back in every situation.

Collections Agencies Ensure Regulatory Compliance

The media industry revolves around trusting relationships between media outlets and the businesses advertising on their platforms or hiring their content creation services. Certain debt collection and data safety regulations are in place to preserve relationships between outlets and buyers by ensuring fair, transparent interactions.

Media and advertising accounts receivable (AR) companies can ensure your debt collection practices comply with relevant regulations so you remain in good standing with buyers and maintain a positive public image. Altus Receivables Management is:

• Certified for Service Organization Controls (SOC) 1 Type II and SOC 2 Type II
• A Commercial Collection Agencies of America (CCAA) certified agency member
• Endorsed by the International Association of Commercial Collectors (IACC)
• Certified by the Commercial Law League of America (CLLA)
• Payment Card Industry Data Security Standard (PCI DSS) compliant.
• Member of the Media Finance Management Association (MFM).

Visit our certifications page for more on our credentials.

Invaluable Commercial Collections and AR Management Services

Content creation and ad placements allow businesses in the media and advertising industry to thrive. Your services are part of a mutually beneficial relationship between your business and your clients, but what happens when a client fails to keep up their end?

When a client fails to pay, you can’t afford the resources it took to create the content that gets advertisements seen. Having a reliable way to monitor balances and track delinquent buyers is critical to your company’s success. Commercial collections and accounts receivable management agencies help media companies secure revenue.

Benefits of Commercial Collections Services for Media and Advertising Companies

Partnering with a collections agency can benefit your media company in numerous ways.

• Collect more revenue: Collections agencies track delinquent buyers and obtain payments you would’ve missed.
• Maintain positive relationships: Lawsuits sour relationships with buyers, but collections agencies can respectfully manage your delinquent accounts.
• Meet regulatory demands: Collections agencies understand and apply the laws that pertain to each party to prevent legal roadblocks.
• Improve your services: You’ll uncover common causation denominators that indicate services that are leaving buyers unsatisfied and reluctant to pay.
• Lift your bottom line: You’ll save on land and labor by outsourcing services instead of paying salaries and building leases.

Altus Receivables Management Services

At Altus Receivables Management, we provide first-party and third-party services that empower media companies to monitor balances and request payments. Our collections and AR management services for the media industry include:

• Balance monitoring: We keep tabs on which buyers have completed payments and which still owe.
• Delinquency tracking and resolution: We use compliant, litigation-free methods to track down delinquent buyers and obtain their balances.
• Buyer communication: We send friendly reminders informing buyers of due dates and delinquents of payment demands.
• Data collection and analysis: Using our ARM STRONG™ software, we gather, analyze, and share data that helps you see the threads tying delinquencies together.