APR, Author at American Profit Recovery

How can I improve cash flow in my business?

If you’re looking for a few great suggestions on how to improve the cash flow in your business, we have many. We’ll start with four in our newly released video on the subject of cash flow.

Many businesses struggle with keeping enough cash on hand. And the reasons could be many; from poor internal accounting procedures to late and non-paying customers.

If you’re one of these businesses that might be having issues with cash flow, we have an important video below that outlines four of the most important steps to building back your cash flow.

Take three minutes to view the video and see if you’re doing all you can to keep the cash […]

APR2021-04-03T14:55:09-04:00September 24th, 2013|Categories: Advice for Businesses|Tags: How to, improve cash flow, Small Business, Video|

One Collectors Thoughts….

As I sit here and reflect, APR’s success is a direct reflection on its willingness to innovate. It really exists not only as a profitable enterprise but to instill in its employees a desire to learn throughout life, to engage passionately with the world around them and to be honorable persons of strong and resourceful character. Never in my business career have I been continually impressed with management and the employee staff. Thanks for bearing with my musings as the week comes to an end.

Al- a Tenured Collector

APR2021-01-04T10:03:24-05:00September 24th, 2013|Categories: Team APR|

Celebrate National Tradesmen Day with American Profit Recovery

September 20 is National Tradesmen Day, IRWIN Tools’ day dedicated to electricians, plumbers, mechanics, and many more. American Profit Recovery is proud to have helped many trades businesses and tradesmen recover profits over the years as well but in a different capacity; getting paid for what they do.

Tradesmen do the hard work that make our daily lives possible, but like any industry, late payments and delinquent accounts can be a big issue. To help trades businesses this National Tradesmen Day, APR wants to share some of its top tips for preventing and collecting on late payments.

If you’re in the trades, here’s some helpful advice for getting paid on time.

• Get it in Writing: Contracts are […]

APR2020-09-27T13:16:41-04:00September 19th, 2013|Categories: Advice for Businesses|Tags: American Profit recovery, collection agency, national tradesmen day 2013|

Responsible Debt Collections

The other day, I was reading a collection article about how another collection agency came out with a “Consumers Bill of Rights”. I have to say after reading their Bill of Rights, I wasn’t very impressed. First of all the document was 5 pages and could have been summarized much better.

In short, their consumer bill of rights states what to expect if you deal with that collection agency.:

If we buy a debt, we will tell you that we own it.
If we will contact you, we will try and resolve the debt quickly and honestly.
If we can’t sue you then we will not attempt to collect from you, ei, you’re in bankruptcy.

[…]

APR2021-01-31T13:47:38-05:00September 12th, 2013|Categories: Collection|

Loving Labor Day

There are a few things in society that people unanimously get behind, but I think a three day weekend is one of those things. Labor Day may have its roots as some union demand, but for many of us it marks the unofficial end of summer and for some reason, the unofficial end of wearing white. Now, I’m not sure where the whole no wearing white thing comes from, so if someone has an answer please educate me and comment below.

Being from New England I have a solid appreciation for the changing of the seasons. When someone tells me summer is ending, I take that remark very seriously and act accordingly. Despite the rainy weather […]

APR2021-01-04T08:52:08-05:00September 6th, 2013|Categories: Team APR|

End of Summer Consumer Advice

It’s possible that as the summer comes to an end, you’re getting some type of communication from a collection agency. Maybe you went on vacation without checking your bills, maybe you had a pricey summer, or maybe you just had the best summer ever and neglected to go through your mail. You are not alone, according to the CFPB, 30 million consumers are contacted by a collection agency. Whatever the reason, you may be late on a payment, and a bit confused as to why a collection agency is calling you.

Collection agencies are third party companies brought in by a business to collect on late accounts. If you haven’t paid a dentist’s bill, for example, […]

APR2020-11-01T12:50:45-05:00September 4th, 2013|Categories: Advice for Consumers|

A Break From Work

This past weekend I was able to take a break from collecting bills at our collection agency

and enjoy an event unlike anything I have ever been to before. I was given the opportunity to see some of the great Detroit Red Wings players along with other Detroit sport celebrities of the past play softball at a charity event for the Joe Kocur Foundation for Children. It was Kocur’s 5^th year putting on this event and the foundation assists local charities with the primary goal of focusing on families that need assistance either by financial means or logistical support.

Not only did I watch them play but also met them in between games. To […]

APR2020-09-17T09:49:23-04:00August 30th, 2013|Categories: Team APR|

Referring Tier II Consumers back to APR

Quite often we receive calls from clients who have heard from a consumer who is in our Tier II program. This consumer has generally called stating something such as: they would like to make payments to you now or that they didn’t like who they spoke to at APR and they would rather work with you. Sound familiar?

So you may ask, why shouldn’t we ‘call off the dogs’ and work with this person. They have finally contacted me and they want to pay me now. What do I need APR for?

There are several reasons why you do not want to work with a consumer once they are in Tier II and here are just […]

APR2021-01-04T12:33:35-05:00August 28th, 2013|Categories: Advice for Businesses|

What is The CFPB?

The CFPB is the Consumer Financial Protection Bureau and is a government agency whose mission is to “make markets for consumer financial products and services work for Americans.” The CFPB is now involved in the debt collection industry, monitoring consumer feedback and complaints, and any collection agency conducting business in this country needs to be aware of the bureau and their standards.

Like many laws and agencies that are formed, the future is a bit unclear and their role in the collection industry and the collections and receivables of any debt in general is still vague. What we can tell you is that we are keeping an eye on this and will update as often as […]

APR2021-04-03T15:24:37-04:00August 14th, 2013|Categories: Advice for Businesses|Tags: CFPB, Collection Agencies, Consumer Financial Protection Bureau, FDCPA|

Quick Tips for Real Green Users

A couple quick tips for all of the Service Assistant users out there to make your days a little bit easier.

– Did you know that you can pull a customer up right from your “Start Collections w/ APR” screen? When you have your list of collection candidates pulled up you can double click on their name and it will pull their customer screen up. This will save you a few clicks should you need to do some research on a customer before you send them to APR. You can also do this when you “Manage APR Accounts (stops)” by again, clicking on their name.

– Did you know you can move the columns (i.e. Name, Amnt […]

APR2021-01-04T12:27:47-05:00August 5th, 2013|Categories: Advice for Businesses|

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