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The amount of concerns and issues a business owner, entrepreneur or anyone in senior leadership has on their minds on any given day can be countless to say the least. From bringing in enough business, being able to handle that business, everything to do with hiring and firing, cash flow, legal matters, and so much more. And if you are in one of these positions, then you know this all too well.

Customers and clients paying you on time or paying you at all can be one of your biggest concerns. When cash doesn’t come in the door on time, that can present a huge challenge for your organization. Not the least of which is meeting […]

We are going to make a bold assumption. That you have customers that have not paid you yet. They are either late in paying you, or they have not paid you at all. Whether it was an oversight, a dispute in your product or service, or maybe that customer has just struggled financially and they have decided not to pay your business. There are so many reasons why a customer or client has not paid you yet and it’s a tough situation to be in when you’re trying to improve your cash flow.

Hiring a collection agency to help with your cash flow is an important decision you need to make for your organization. The decision […]

There are not many factors that control the cash flow of a business more than customers and the time frame in which they pay for products or services. In short, customers pay late, cash flow suffers. Customers pay on time, resulting in positive cashflow. When it comes to accounts receivables, it’s that simple.

However, we are not living in an ideal world and for many in business, chasing down payments is just part of running a business. If your organization extends credit in any way, you’ll be investing some measure of resources in trying to get paid on time. From forgetful customers, disputes to a charge to the more trying cases such as customer just not […]

We’re not fond of overused terms here but one we do feel is relevant during the year 2020, is that “now, more than ever,” it is mission critical to be getting paid for the work your business does and the services you provide. Regardless of the size of your organization, cash flow is something that has probably taken a hard hit during the COVID-19 pandemic and the economic fallout that came with it.

There are three factors that have played into the challenges that some businesses have had to deal with. The first is that depending on the type of job or career you have, you as a consumer may have lost that job. Take those […]

There are many activities that help boost our economy. A healthy jobs market, business spending, banks lending money as well as consumer spending. But did you know that debt collections were also a big part of a healthy economy?

For the consumer that may be in debt or having issues trying to catch up on financial obligations, they might not think so. But the collection industry is directly responsible for putting a large amount of money back into our economy and into the hands of business. […]