Accounts Receivable Automation Tools, AI and RPA
Advanced technologies, including robotic process automation (RPA), will forever change accounts receivable, collections, and deduction management. Like most other back-office...
Statute of Limitations
Statute of Limitations by State For Commercial Collections The Statute of Limitations for lawsuits varies by state, and runs anywhere...
Decision Gridlock Causes Bad Debts
Eliminate Collection Gridlock to Reduce Bad Debts Frauds are rare. If you perform an easy credit check, you will have...
4 Key Components of Revenue Cycle Management
The Revenue Cycle Function requires excellence in four key areas, each contributing to a company’s success and operational efficiency. Recognizing...
Leveraging Technology for Accounts Receivable Collections
Manual collection processes, including the many companies that still use spreadsheets to aid the process have performance problems, including very...
A Guide to Efficient and Effective Collection Practices
The basis of our accounts receivable management services is the prioritization of collection activities around the money and the priorities...
Subrogation Collection Best Practices
Insurance executives are familiar with subrogation, the insurer’s legal right to pursue damages after paying a claim. However, it turns...
Things to Consider When Hiring a Collection Agency
Every company needs a collection agency, since there will always be customers that default or who will not pay under...
5 Tips to Help Forecast Your Bad Debt Allowance
Estimating your corporate Bad Debt Allowance (BDA) is a fundamental job of the Credit Manager. Doing it right will help...