debt collection agency | Altus | Commercial Receivables

ALTUS Named Best Commercial Debt Collection Company of the Year by Financial Services Review

We are thrilled to share that ALTUS Commercial Receivables has been named the Best Commercial Debt Collection Company of the Year by Financial Services Review! 🎉 This prestigious recognition highlights ALTUS’ unwavering commitment to delivering exceptional commercial collection solutions that help businesses across all industries protect cash flow, reduce risk, and accelerate the credit-to-cash cycle. […]

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B2B Collections Software: How To Increase Your Bottom Line

Blogs Industry Knowledge

Extending credit to customers is a common practice in the business-to-business (B2B) space. Credit allows businesses to make bulk purchases and meet their customer needs. According to a 2023 survey, 85% of B2B buyers want to buy goods and services and postpone payment to suppliers. In addition, 60% of surveyed professionals stated they prefer credit […]

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The Best Debt Collection Software in 2024

Blogs Industry Knowledge

Companies are increasingly using advanced digital tools to increase their debt recovery efforts. Different platforms have varying capabilities, but most streamline the collection process by providing automated solutions. For example, debt recovery software can replace manual processes such as dunning, payment tracking, and settlement processing. Others can also provide detailed reports and analytics to help […]

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The Benefits of Working With a Third-party Collections Agency

Blogs Industry Knowledge

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 […]

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What Are Collection Litigation Services?

Blogs Industry Knowledge

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 […]

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How to Choose a Collection Agency

Blogs Industry Knowledge

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 […]

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