Learning Center

Learn how to get paid faster, boost cash flow, and safeguard your bottom line with the information and tools you’ll need.

Can Debt Collectors still Call During the Holidays? – YES! and kind of No

You certainly don't want a debt collector to contact while you're at home, celebrating a holiday with friends and relatives. Good news is that protections are in place to prevent abusive and discriminatory debt recovery practices. The Fair Debt Collection Practices Act (FDCPA) states that a debt collector should not contact a borrower ...

Add This Short Line to ALL your Sales Contracts Now!

Credits to: mikaelastafrace | Indemnity clauses - what they are, how they work and how to make them for you It won't come as a surprise that it's super important that you have good agreements and documents in place when you serve your clients. This protects not just you and your ...

Why All Collections Department Should Use a Multi-Channel Approach

Communicating with clients today is all about delivering messages across multiple channels that the customers would want to use. The question is… Which channel of communication should you use? The channel preference should not be limited to a one-size-fits-all approaches. The best way to ensure that you are successful in reaching all of your ...

The New Normal Way to Collect Accounts Receivables

The coronavirus brought a dramatic and immediate shift in debt collection. Creditors also imposed payment freezes, negotiated on extended payment arrangements, as well as, in many cases, paused collection operations in their entirety. Credits to CSA Research: "After taking temporary measures and expedients to continue operating during the pandemic, companies must now develop ...

“The Time is Now” in Debt Collections

"Time is now" As used for debt collection, the term has gravitas and practical application. At the customer's demand, we embrace their delay tactics for "a bit extra time" to settle a past due invoice. We don't want to be desperate, and we want to be helpful and kind. These are all good impulses ...

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