Debt collection can be challenging for small and medium-sized businesses (SMBs), though it’s essential to making a profit. If you’re looking for suggestions on how to collect unpaid invoices, you may benefit from some of these collection tips for SMBs. 7 Tips for Small-Sized Business Collections Consider these small-size business collection tips for help […]
Few businesses have an efficient collection process for payments from delinquent accounts, which is understandable because it’s unlikely they would be fully equipped with the necessary knowledge and tools. Working with a third-party collection agency has several significant benefits, including the ability to improve cash flows by recovering more past-due accounts in less time and […]
A Guide To Collection Litigation Definition and More Handling unpaid invoices or overdue accounts can be one of the most challenging aspects of managing a business. Despite every attempt to collect outstanding debts, there are instances when traditional methods aren’t enough. Enter collection litigation services—a specialized approach that can help businesses recover what they’re owed […]
Debt collection agencies bring professionalism and experience to your collection efforts. They have the resources to increase your cash flow while reducing expenses. However, finding the ideal recovery company is challenging for most businesses. There are many debt collection agencies, but the one you choose must suit your needs. In general, you want to start […]
5 Essential Cash Flow Recovery Tips Cash Flow Recovery For Businesses When Disaster Strikes When disaster strikes—be it a natural calamity, economic downturn, or global pandemic—businesses are often hit hard. One of the first casualties? Cash flow recovery. It’s the lifeblood of every business, dictating whether you stay afloat or face closures during hard times. […]
Your company has decided to outsource but searching for the best partner can be overwhelming. If you type “best outsourcing firms” into Google you will get pages and pages of search results but can you trust that these companies are compliant or secure? Start by evaluating only service organizations that are SOC compliant. Not sure […]
How to Prepare Your Business for a Natural Disaster Is Your Business Ready? Natural disasters strike without warning, leaving business owners scrambling to protect their assets, employees, and operations. Whether it’s hurricane season (from June 1 to November 30), a wildfire spreading across regions, or an unexpected earthquake, the potential for disruption is real. But […]
Leading Healthcare Company Gains 3X Improvement in Recovery Rates in One Year Improves Cash Flow and Customer Relationships Across the Board Problem: Given the costs and risks of new capital, no business can afford to let accounts receivables drag down their own balance sheets. Strong recovery is essential to strong cash flow. But when our client, […]
Drawing from our own experiences, we compiled 10 best practices to help your credit department increase cash flow and improve customer interactions.
KENNER, LA – April 16, 2018 Altus GTS Inc., the largest commercial collection agency in North America, announced that it concluded a major Affiliate transaction with Paladin Commercial Group (“Paladin”). Paladin, based in suburban Denver, Colorado, is a leading boutique debt recovery firm with over 20 years experience. Paladin brings a unique investigative approach to debt […]
