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Lessons for Trade Creditors from Recent Bankruptcies

Your Virtual Credit Manager

Collectors are continually learning what works to get people to pay up and what doesn’t. Despite efforts to negotiate with creditors, Hertz filed for Chapter 11 bankruptcy protection in May 2020. Facing liquidity constraints and a strained retail environment, J.Crew filed for Chapter 11 bankruptcy protection in May 2020.

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S/4HANA Service: Expense Item

SAP Credit Management

This is old “OP 2020” In this release Internal Order is the cost collector. Enter value of your expense item. Manual Pricing of Expense item Save the Service Order and release. On release, system will create an internal order. In newer Cloud and C4 releases, Service Order itself is the cost object.

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Senior Compliance Advisor, Debra Ciskey joins ARM Compliance Business Solutions, LLC.

RMAi Blog

Her introduction to the industry began when she answered a newspaper ad for a librarian at a “private company”, which happened to be the American Collectors Association. Debra directed compliance efforts at Wakefield & Associates during 2015-2019, then at CACi from 2020-2023. “I Debra Ciskey. ARM Compliance Business Solutions, LLC.

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Reg F: Analysis & CFPB Commentary by General Counsel

RevCycle

6,876 private actions were filed against debt collectors alleging violations of the FDCPA in 2020. Debt collectors are often forced to settle these cases regardless of merit because of the prohibitive cost of defending them. Change 2: Regulation F’s Acknowledgment of Modern Forms of Communication. Consumer dispute prompts.

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Central Finance and SAP Real Estate Management: Some Thoughts

SAP Credit Management

Since Objects in SAP Real Estate Management (SAP RE) itself are Cost Objects – despite of Settlement Units which are plain Cost Collectors – one of these buckets must suit to reflect P&L figures in Central Finance. As of release S/4HANA 2020 the fields are available not only in ACDOCA but also in BSEG.

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Indian DPDP Act’s Impact on SAP Customers: Navigating Data Privacy Compliance

SAP Credit Management

New Zealand : The Privacy Act 2020 regulates the collection, use, and disclosure of personal information in this country. In addition, they must provide detailed notices regarding the purposes and rights of data collectors to data principals. What is DPDP?

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Congratulations, Justin!

Professional Credit

Professional is proud and honored to recognize Justin Murphy as he finalizes his year serving as the Washington Collectors Association (WCA) president. Justin, and the WCA, have positively influenced consumer collection laws to protect our clients and ensure they get the greatest recovery. Congratulations, Justin! .