Revenue, Profit, Cash Flow. What’s the Difference?
One of the most common mistakes small business owners make when starting their business is to misinterpret their financial health. [...]
How to Hire a Collection Agency
If you own a small to mid-sized business, you have probably run into clients who just won't pay invoices on [...]
Einstein’s Definition of Insanity Applied to Debt Collection
"Insanity: doing the same thing over and over again and expecting different results." - Albert Einstein Whether it was actually [...]
6 Ways to Better Control Your Cash Flow
Cash flow management is one of the most crucial elements of a successful business. A common misconception is that cash [...]
The Importance of Actively Managing Your Accounts Receivable
When you fail to diligently manage your accounts receivable, you put your business in jeopardy. Your accounts receivable are responsible [...]
Creating a Successful Receivables Process from Launch to Recovery
Sometimes strategy makes all the difference. This is certainly the case with accounts receivables, especially when it comes to delinquent [...]
How Does Poor Accounts Receivable Management Impact Your Ability to Get a Business Loan?
Businesses often need loans when they want to expand into new markets, develop new products, hire more employees, increase inventory, [...]
Two-Stage Automation & Collaboration to Manage Receivables
Debt collection sometimes seems too complicated, especially for small business owners that don't have time for in-house collections. They often [...]
3 Reasons Why Medical Providers Should Outsource Their Collections
The state of healthcare accounts receivable management has reached a critical stage. According to recent research by Becker's Hospital Review, "One [...]
Respecting Consumer Rights While Collecting Receivables
When collecting receivables, you must respect consumer rights. Otherwise, you risk alienating otherwise good customers or even risking a report [...]