RMAi Blog

FEBRUARY 6, 2023

By Sourabh Gupta *Sponsored Blog Post* Confronted with growing challenges, financial institutions across the U.S. When collecting debt, phone calls are still an extraordinarily effective medium. Agent retention, regulations, and costs have created a challenging environment for collection agencies to survive and thrive.

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Debt Collections Collector Credit and Collections 130

Waystar

MARCH 21, 2023

This is the fourth post in a new Waystar blog series: 7 steps to sharpen your healthcare revenue cycle. Can’t wait for a new blog each week? Point-of-service collections in healthcare grow more complex — and more critical — each day. Use these four tips to improve your collections at the time of care.

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Credit and Collections Deductions Transactions 98

SAP Credit Management

AUGUST 1, 2023

If you’re just tuning in, in our first blog post , we ventured into the labyrinth of ChatGPT, exploring its inner workings and probabilistic AI model, and even delved into its inherent limitations. Our next blog post in this series will guide you through the riveting domain of data cleansing and visualization.

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Process Mining 162

SAP Credit Management

JANUARY 6, 2023

Based on the collected information do some exercise in SAP HANA, express edition environment. But the knowledge is fragmented (Help Portal, Blog post, SAP KBA, SAP Note, other). What blog posts can be helpful? Create a centralized, single source of the available (and most important) information regarding SAP HANA partitioning.

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SAP Credit Management

FEBRUARY 10, 2023

In this blog post, you can find the latest collection of new capabilities in SAP S/4HANA Cloud, public edition, and SAP S/4HANA Cloud, private edition, in the area of Environment, Health, and Safety (EHS). Thanks for reading this blog post. Stay tuned!

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Eastern Credit Management Services

FEBRUARY 2, 2024

In the dynamic landscape of debt collection, where regulations evolve, debtor behaviors change, and technology advances, staying ahead of the curve is crucial for success. In this blog post, we’ll explore the significance of these seminars and how they contribute to the success of individuals and organizations in the field.

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Collector Debt Collections Credit and Collections Credit Management 52

Lendio

MAY 6, 2024

If you’re trying to decide whether you should accept credit card payments, it’s never been easier. This guide will help you to decide whether you should take advantage of the estimated 441 million open credit card accounts in the United States. Why accept credit cards? Why you might not be able to accept credit cards.

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Credit Card Payments Small Businesses Credit and Collections Transactions 98

Hilton Baird

AUGUST 14, 2023

This blog shares valuable tips, insights and strategies to help you to secure more timely payments from your customers. The post How to get paid on time: Tips from a debt collection agency appeared first on Hilton-Baird Collection Services.

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Debt Collections Credit Management 97

Lendio

APRIL 23, 2024

The lender will usually look at the credit history of the business owner to gauge honesty and reliability. Whether or not they’ve used credit before. Lenders will also look at the credit scores of the owners of the business. This score is numeric, typically between 300 and 850, gleaned from the info in your credit report.

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Credit Scoring Credit and Collections Default 52

Eastern Credit Management Services

JANUARY 12, 2024

In an era defined by rapid technological advancements, industries across the board are undergoing transformative changes, and debt collection is no exception even in Atlantic Canada. Artificial Intelligence (AI) Takes Center Stage Artificial Intelligence (AI) is emerging as a game-changer in many industries including debt collection.

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Debt Collections Credit and Collections Credit Management 52

SAP Credit Management

AUGUST 29, 2023

While more than 75% embrace collecting data around the voice of the employee (VoE) – sentiment surveys, pulse surveys, feedback, and structured communications insights – fewer than 50% recognize the integral value that manager experience (MX) plays in executing on VoE-driven change, according to IDC’s Employee Experience Buyer Perception Survey.

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Chaser

JUNE 7, 2023

The right payment reminder email can solve the issue and is far more beneficial for your business than using a debt collection agency immediately. If you send payment reminder messages, you will keep a contact line open with your client and ensure you are not forgotten.

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Debt Collections 98

SAP Credit Management

JANUARY 16, 2023

There is huge knowledge available about SAP HANA reclaim / shrink / defragmentation topic, but the knowledge is very fragmented (Help Portal, Blog post, SAP KBA, SAP Note, other). 2718597 – Collection solutions for some big growth tables relevant to HANA DB. What blog posts can be helpful? last updated: 2023-01-16.

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Eastern Credit Management Services

JULY 21, 2023

As a trusted Canadian Debt Collection Agency, Eastern Credit Management Services (ECMS) understands the importance of streamlining debt collection processes to maintain strong client relationships and achieve optimal results. To streamline your debt collection process, embrace a multi-channel communication approach.

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Debt Collections Credit and Collections High-Risk Accounts Credit Management 52

Eastern Credit Management Services

OCTOBER 3, 2023

When it comes to debt collection, businesses are faced with a critical decision. Should they handle it in-house or outsource it to a professional debt collection agency like Eastern Credit Management Services (ECMS)? Resource Efficiency: Outsourcing debt collection saves your company time, manpower, and resources.

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Debt Collections Collector Third Party Collections Credit and Collections 52

Eastern Credit Management Services

DECEMBER 4, 2023

In the intricate world of debt recovery, success is not just measured by dollars collected but also by the relationships built along the way. At Eastern Credit Management Services, based in the heart of Atlantic Canada, we understand that communication, choice, and control are the pillars of a successful collections strategy.

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Credit and Collections Credit Management Transactions 52

Eastern Credit Management Services

FEBRUARY 28, 2020

The last few years have seen the rise of companies promoting easy consumer access to your credit score. It’s only recently that the average consumer can have quick access to their personal credit data, something once limited to financial institutions. In this blog, we are going to answer a few questions on just that.

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Credit and Collections Credit Scoring Credit Reporting Agencies Credit Management 52

Eastern Credit Management Services

AUGUST 15, 2023

In the ever-evolving landscape of finance and commerce, economic factors play a pivotal role in shaping various industries, including debt collection. As a leading Canadian debt collection agency, Eastern Credit Management Services understands the intricate relationship between economic conditions and the process of debt recovery.

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Debt Collections Credit and Collections Payment Portals Credit Management 52

Lendio

APRIL 23, 2024

As a small business owner with poor credit, it can be even more difficult to find the financing you need. In this article, we’ll explore the possibilities of getting a startup business loan with no credit check or poor credit, as well as alternative forms of financing to consider. Getting a business loan with no credit.

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Credit Scoring Credit and Collections Credit Reporting Agencies Small Businesses 52

SAP Credit Management

JANUARY 25, 2023

This blog, authored by Lisa Rowan, VP of Modern HR Strategies at IDC, discusses the concept of resilience and how it has evolved from a focus on physical health, to include other areas of employees’ lives, most notably financial health.

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Credit and Collections 113

Emagia

MARCH 15, 2024

Managing credit risk for B2B customers is critical for seamless order to cash (OTC) and working capital cycles. Businesses that follow traditional reactive strategies in OTC processes may find it difficult to collect at-risk future invoices, likely leading to large invoices going delinquent.

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Credit Risk Default Credit Management Credit and Collections 52

Emagia

MARCH 15, 2024

Managing credit risk for B2B customers is critical for seamless order to cash (OTC) and working capital cycles. Businesses that follow traditional reactive strategies in OTC processes may find it difficult to collect at-risk future invoices, likely leading to large invoices going delinquent.

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Credit Risk Default Credit Management Credit and Collections 52

JSP Credit Management

FEBRUARY 3, 2022

As a leader in business to business debt collection services, we’ve been asked to share our insights into the size and scope of the b2b debt collection industry. After the 2008 recession, businesses began to rely less on traditional credit lines and more on factoring and accounts receivables. billion by 2022.

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Debt Collections Collector Credit and Collections Credit Risk 52

FICO Blog

JANUARY 3, 2023

Agile Collections Strategies Can Protect Loyalty in Tough Times. As economic victims swell the collections queue, do you have the tools you need to differentiate them and apply the correct treatments to different cohorts? Intuitive And Smart Collections Strategies to Offer Customer Safeguards. FICO Admin. by Bruce Curry.

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Debt Collections Credit and Collections Default 52

Waystar

MARCH 21, 2023

This is the fourth post in a new Waystar blog series: 7 steps to sharpen your healthcare revenue cycle. Can’t wait for a new blog each week? Point-of-service collections in healthcare grow more complex — and more critical — each day. Use these four tips to improve your collections at the time of care.

Credit and Collections 52

Credit and Collections Deductions Transactions 52

Abrigo

APRIL 12, 2023

Building a strong credit review process A critical element of monitoring is an organization’s credit risk rating system. This blog will examine credit review in more detail. DOWNLOAD Takeaway 1 Loan review, or credit review, must be timely, thorough, and accurate to meet regulatory requirements.

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Credit Risk Credit and Collections CECL 78

RMAi Blog

MARCH 22, 2023

– PRA Group is pleased to announce that Tim Kirk, country operations director for the company’s UK business, has been appointed to the Credit Services Association Board of Directors. The  The Credit Services Association (CSA) is the national trade association in the UK for organizations active in the debt collection and purchase industry. The

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Credit and Collections Debt Collections 130

The Red Spectrum

MAY 18, 2023

When it comes to managing your finances and building a healthy credit history, understanding how credit card payments affect your credit reports is essential. What Are Credit Bureaus? Before diving into the details, let’s first understand what credit bureaus are.

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Credit Card Payments Credit Scoring Credit Reporting Agencies Credit and Collections 84

Know-It Global

NOVEMBER 10, 2022

Thinking about outsourced credit control? Credit control is the solid foundation that a finance team should be built around. Outsourced credit control. And it’s only at this point they recognise the magnitude of having a sound credit control process mapped out and followed.

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Credit Management Credit and Collections 98

FICO Blog

DECEMBER 13, 2022

Digital Collections: 7 Things That Can Make You More Successful. Digital collections isn't a new concept, but it has taken on additional relevance in the current economic environment. This story of digital collections starts with Steve Jobs. This story of digital collections starts with Steve Jobs. FICO Admin.

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Debt Collections Credit and Collections 52

Reorg Blog

MAY 10, 2024

The post Quarterly Focus: Global Debt Collection Strategy & Opportunities in Poland and France; Updates on Major Players appeared first on Reorg.

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Debt Collections 52

Credit Management Group UK

APRIL 11, 2023

Using the credit management tools available to you effectively can greatly increase your chances of getting paid more quickly. Making small changes to your collection strategy to incorporate all tools at your disposal can make a big impact on your collection performance.

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Credit Management Credit and Collections Bad Debt 90

Know-It Global

APRIL 26, 2023

As a business owner, it’s essential to understand and manage credit risk to maintain a healthy cash flow and avoid financial losses. Credit risk is the potential for a borrower to fail to repay a loan or credit extended to them. When you sign up for a free Know-it account you’ll also get a free business credit report!

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Credit Risk Bad Debt Credit and Collections Default 98

TreviPay

NOVEMBER 20, 2023

Credit Cards Are Convenient but Not Perfect In many ways, credit cards seem like the answer to an inefficient, error-prone and slow payments process. 2 However, credit cards alone won’t cut it for all B2B purchases, especially for the larger orders corporations often place. So How Do B2B Buyers Prefer to Pay?

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Credit and Collections Transactions Credit Application 105

Abrigo

AUGUST 29, 2022

E-signature capabilities benefit both customers and staff Banks and credit unions that leverage electronic signature capabilities reap the benefits of a more efficient lending process. Takeaway 1 Optimize the signature collection process. Better communication, data collection, and storage offer opportunities for efficiency gains.

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Credit Unions Credit Risk Credit and Collections 78

Cpcmcredit Blog

MARCH 5, 2024

Credit Control is one of those tasks (like sales or marketing) that everyone seems to think they can do but in fact very few can. In a previous life, I was a credit manager at a number of companies and I did plenty of hiring and training. Ive seen this and its madness And you can’t cut corners with credit control.

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Credit and Collections Credit Management 52

JSP Credit Management

APRIL 19, 2022

JSP Credit Management's journey so far has taken some unexpected turns in its short lifespan. Don't worry, this is not a "don’t listen to your business plan" blog. This brought us to considering tendering for commercial debt collection contracts for public sector organisations and other larger private organisations.

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Debt Collections Credit and Collections Collector Bad Debt 52